Inventory Turnover Ratio Analysis, Formula and How to Calculate It?
We do know about the inventory, which is the stocks we hold in an organization. Now comes to the Inventory turnover ratio, which used to calculate the ratio of goods sold and purchased during a financial year. Inventory turnover ratio is important because it focuses…
What is Simple Interest Formula? Definition, Examples
Interest is something that we owe, and we receive as well. But have you ever think about calculating the exact interest rate that you owe to the creditors or the interests which you are going to obtain from the bank. Therefore, there is a Simple…
EBITDA Formula – How it Helps you in Business Valuations?
To analyze all the financial strength of the company, it is not so easy at all. When you go through the financial data as well as indicators, it gets confused, and it often gets difficult as well. So to make it easy for you, EBITDA…