Small business owners often extend credit to customers by allowing them to delay payment for services or products. Money owed by customers for goods or services already provided is called accounts ...

Small and large businesses alike can analyze various ratios to determine how well they are controlling expenses and maintaining adequate cash flows. One analysis that might be valuable for owners of ...

In accounting, turnover refers to how quickly a business collects money from customers and sells the inventory it has on hand. Companies use turnover to measure how well they perform and how ...

Greg DePersio has 13+ years of professional experience in sales and SEO and 3+ years as a writer and editor. Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, ...