by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting
What is Days Inventory Outstanding?Days inventory outstanding, also known as days sales of inventory, days inventory, days cover or stock cover, is an efficiency ratio representing the average number of days worth of products remain in the inventory of a company...
by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting
What are Dividends?Corporations distribute a part of their after-tax revenue among the shareholders of the company in accordance with the number and class of shares held. This distribution is known as a dividend.How are Dividends Used?The dividend can be paid by cash...
by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting
What is the Debt-to-Income Ratio (DTI)?Debt-to-Income Ratio (DTI) is calculated by dividing one individuals or company’s debt payments by his or her or its total income over a specified period, expressed as a percentage.How is Debt-to-Income Ratio Used?The DTI...
by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting
What is Business Accounting?Business accounting consists of operational accounting (book accounting) and tax accounting.What is Operational Accounting?Operational accounting accounts for the actual revenue and expenses to the business. Accounting for payroll or...
