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Resource Planning (Project) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management

What is Resource Management? Resource management is the efficient and effective deployment of an organization’s resources (financial resources, inventory, human skills, production resources, or information technology) as needed. Resource management is a key element to...

Project Budget – Explained

by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management

What are Project Costs?Developing and controlling a project budget requires extensive estimation by the project team. There are different types of project estimate:  Conceptual estimate (or “ballpark estimate”) – This is developed early on as part of the project...

Segmented Income – Explained

by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting

What is Segmented Income? Segmented income is segment revenues minus segment expenses. It is often used to assess and compare the performance of company segments considered Investment Centers of the company. . The starting point for evaluating investment centers is...

Current Ratio (Working Capital Ratio) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting

What is the Working Capital Ratio? The working capital ratio, also called the current ratio, is a liquidity ratio that measures a firm’s ability to pay off its current liabilities with current assets. Current Ratio = Current Assets / Current Liabilities When current...

Debt to Equity Ratio – Explained

by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting

What is a Debt to Equity Ratio?The debt-to-equity (D/E) ratio is used to evaluate a company’s financial leverage and is calculated by dividing a company’s total liabilities by its shareholder equity. This metric demonstrates the extent to which the company funds...
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