An asset constitutes anything that holds monetary value, whether current or future, to a person or organization. Businesses, governments and non-profits all own assets. So do many people. An asset is ...

Companies rely on assets to help them generate revenue and become profitable. Some assets are long-term, while others are current. What are current assets? These are a company’s assets used in normal ...

Business leaders love to talk about revenues, net profits and assets. After all, those are all positive numbers on a balance sheet that can make a company look great. They are also how a company ...

There’s no universal safe or danger level. Ideal current ratios vary by industry. A current ratio of 1.0 means the company has $1 in current assets for every $1 in current liabilities. A ratio below 1 ...

From time to time, all successful companies are faced with an IT upgrade project or additional hardware or software needs when hiring new staff. Knowing that these activities are inevitable in the ...