Bookkeeping

There’s a lot to cover when it comes to FOB in shipping, so let’s get into the details. Each of these can be combined with FOB Origin or FOB Destination, forming terms such as “FOB Origin, Freight Collect” or “FOB Destination, Freight Collect”. That’s why, in a role like yours, it’s important to continuously self-educate. …

FOB in Shipping: Meaning of Free on Board in Freight Transport Read More »

A higher Car Dealership Accounting ratio indicates prompt payments, while a lower ratio may suggest potential cash flow issues. Under International Financial Reporting Standards (IFRS), accounts payable are recognized at fair value, ensuring financial statements accurately reflect obligations. Working capital is calculated from the assets and liabilities on a corporate balance sheet, focusing on immediate …

Net Working Capital What Is It, Formula, How to Calculate Read More »