Working Capital Turnover Formula + Calculator

by | Dec 22, 2025 | Bookkeeping

A higher ratio generally instills confidence, as it implies a cushion of liquidity, reducing the risk of default. However, an excessively high ratio may also indicate that the company is not efficiently utilizing its resources. On the other hand, a normal balance low...

What Type of Account Is Utilities Expense? Blog

by | Sep 3, 2025 | Bookkeeping

For administrative offices, the costs are usually grouped under Selling, General, and Administrative (SG&A) expenses. These period capital lease vs operating lease costs are expensed immediately rather than being capitalized as an asset. Both are liabilities, but...

Inventory tracking method for a CPA crossword clue

by | Dec 5, 2024 | Bookkeeping

Management uses the inventory turnover and the margin ratios to measure the earnings from each piece of merchandise and stock items that will produce more profits for the company. Good inventory management is what sets successful retailers apart from unsuccessful...