So you have the number now, but the ratio by itself doesn’t really mean anything. Just because shareholders own 80% of the company’s equity doesn’t necessarily mean that’s good; it might be terrible if the other companies in the industry tend to have equity-to-asset ratios around 90%. This is where investing gets tricky — there …
Category Archives: Bookkeeping
Accounts Receivable Outsourcing: Meaning, Benefits & More
When dealing with money, especially online, you need to ensure that your AR service provider has secure systems in place. This includes checking the security measures they’ve taken to protect customers’ personal information and account details. Outsourcing your AR services gives you access to an essential aspect of your business – accurate financial statements. With …
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