Preferred stock is assigned an arbitrary par value (as is common stock, in some cases) that has no bearing on the market value of the shares. The common stock and preferred stock accounts are calculated by multiplying the par value by the number of shares issued. As noted above, you can find information about assets, … Read more
Business owners use the aging schedule to determine which clients are paying on time and which clients have outstanding invoices. It’s also useful for cash flow purposes and to help you collect outstanding payments. HighRadius Collections Software automates and optimizes the credit & collections management process to improve collector efficiency, minimize bad debt write-offs, improve … Read more
This calculation tells you how many days it takes to sell the inventory on hand. The Inventory Turnover Rate (ITR) is an essential metric that shows how quickly a company sells and restocks its inventory. It provides valuable insights into the frequency of inventory turnover, helping shape strategies around purchasing, production, and sales. This ratio … Read more