GCD stands for Greatest Common Divisor. It is also called HCF (Highest Common Factor). In simple words, it is the greatest number that can divide a particular set of numbers. For example, the Greatest ...

Businesses often use profitability ratios to gauge their performance against industry benchmarks or competitors. Calculating ...

Learn about income replacement ratio and how to calculate it. Discover what a good income replacement ratio is and ways on how to increase it.

Financial ratios allow you to break down your company's financial statements and see how it is performing from different angles. Whether you are creating a proposal for new investors, seeking bank ...

The inventory turnover ratio measures the number of times each year that a company goes through its entire inventory. When determining the company's inventory, you use the average of the inventory ...

Discover essential methods for calculating business costs and their tax implications. Learn how accountants and producers predict expenses and enhance financial efficiency.