Purpose & Importance of Financial Ratio: Ratios help in analyzing the performance trends over a long period of time. They also help a business to compare the financial results to those of competitors. Ratios assist the management in decision-making. They also point out the problem and weak areas along with the strength areas. Ratios to […]
A liquidity ratio is a type of financial ratio used to determine a company’s ability to pay its short-term debt obligations. The metric helps determine if a company can use its current, or liquid, assets to cover its current liabilities. 1. Current Ratio: Current Ratio = Current Assets / Current Liabilities The current ratio is the […]
This article outlines the qualities of good bosses. Working for a good boss is a very motivating experience. It makes one to work even harder and give their very best efforts at the workplace while at the same time enjoying your job. A Good Boss has a Clear Vision For a boss to effectively lead […]
Elsewedy Electric, Egyptian engineering services company; is keen on expanding production in Pakistan after acquiring Validus Engineering Pakistan. This was announced by the Minister of State and Board of Investment (BOI) Chairman, Atif Bokhari. Atif took to Twitter and said that the Managing Director of Elsewedy Electric; Sherif Abo Elhassan, reached out to him to […]
Lee Kun-Hee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of consumer electronics. 78-year-old Lee died on Sunday. His family was by his side when he died because of heart attack. The death of the chairman comes at a time when his son, the de facto leader of […]
Due to the pandemic, many businesses have changed their strategies. Careem is one of them. Chief Executive Officer and Co-Founder of Careem announced that it would be the first remote company as its 1,190 employees out of the total of 1,314 will have the freedom to work remotely. Work from home was the only strategy […]
Latest
Like Us On Facebook
