It could also be a sign that the company isn’t effectively managing its funds. But, during recessions, they flock to companies with high current ratios because they have current assets that can help weather downturns. For example, if a company has $100,000 in current assets and $150,000 in current liabilities, then its current ratio isRead more about Current Ratio Formula Example Calculator Analysis[…]

A pro forma invoice is a more formal than a quote but more casual than a true invoice. It is for customers who intend to buy, before the sale has been finalized. It commits you to selling at a stated price and is a precursor to a legally binding agreement between you and the buyer.Read more about What is a proforma invoice: Everything you need to know[…]