brought to you by personalmoneymanagement101.com
by Steve Selengut
A participant in the morning Working Capital Model (WCM) investment workshop observed: I’ve noticed that my account balances are returning to their (June 2007) levels. People are talking down the economy and the dollar. Is there any preemptive action I need to take? Read the rest of this entry »
Digg this
Key Accounting Ratios
A number of key accounting ratios can be calculated from the financial statements of a business. These ratios provide an objective summary of the financial health and investment quality of a business.
Remember though that accounting methods vary from one company to another, and also that typical ratio values may vary widely from one sector to another. Read the rest of this entry »
Digg this
The last (but certainly not least important) financial statement is the cash flow statement. This statement shows the movements of cash into or out of the business. No matter how healthy the profit & loss account and balance sheet may appear, without sufficient cash a business will fail. Read the rest of this entry »
Digg this
The Balance Sheet is a snapshot of a business’s financial position (what it owes and owns) at a particular moment in time. Read the rest of this entry »
Digg this
The Profit and Loss Account summarizes a business’s performance over a period (usually a year). Read the rest of this entry »
Digg this
