Quality of Earnings Report
Quality of Earnings Report – QOE A quality of earnings report (also known as a QOE report) is an important aspect of the due diligence process when selling, purchasing, or […]
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Basic Accounts
basic accounting includes revenues, expenses, assets, liabilities, income statement, balance sheet, and statement of cash flows. and debits and credits.
Current Ratio
The current ratio, also known as the working capital ratio, is a metric used to assess a company’s capacity to pay its short-term commitments that are due within a year.
Net Income
Net income is the amount earned by an individual or corporation after subtracting costs, allowances, and taxes.
Sinking Fund
Sinking Fund A sinking fund is a fund that contains money that has been put aside or borrowed to pay off a loan or obligation. A company that issues debt
What is Note Payable
A note payable account is a liability account in which a borrower maintains a written promise to repay the lender.
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