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#Finterms: Working Capital

Working capital is defined as the difference between a business’s current assets and its current liabilities listed on its balance sheet. Current assets are items that can be converted into cash over the short term while current liabilities similarly are obligations that need to be satisfied shortly.

#Finterms: Recession Defined: What is it and what does it mean?

Simply stated, a recession is defined as a significant, widespread, and prolonged downturn in economic activity.

#Finterms: What Do You Need a Business Valuation For?

A business valuation has many applications, including serving as support for various financial and estate planning initiatives to strategic decision making. Very often, formal business valuations (also referred to as appraisals) are used as supporting IRS documentation when someone transfers or gifts assets to another party.

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Categories

#Finterms: Working Capital

#Finterms: Recession Defined: What is it and what does it mean?

#Finterms: What Do You Need a Business Valuation For?