However, beginning inventory is a fundamental part of both calculations. Another use of the beginning inventory is when you want to calculate your average inventory in a given accounting period.

Understand the basics of the current ratio, including its use in assessing a company's liquidity and learn how it is calculated in Microsoft Excel.

Alok Patnia writes about how to calculate the key financial ratios to evaluate your startups performance.

The calculation for total manufacturing cost involves a detailed accounting for the costs of materials, labor and overhead. It requires a realistic analysis of a company's various departments to ...

The expanded accounting equation builds upon the basic accounting equation's use of assets, liabilities and equity by incorporating additional components such as revenues, expenses and withdrawals ...

The article How to Calculate Profitability Ratios for Banks originally appeared on Fool.com. The Motley Fool owns shares of and recommends Wells Fargo.

Businesses often use profitability ratios to gauge their performance against industry benchmarks or competitors. Calculating these ratios involves a straightforward process, typically using ...

One of the areas where management has the most control, and therefore a key consideration of managerial accounting, is a company's selling and administrative expenses.

Calculating financial ratios is an important component of analyzing a business that can be extremely helpful to business owners. By using the information from your business' financial statements ...

Review the asset turnover ratio and discover how it is used to compare companies. Learn how to calculate asset turnover and interpret the results.

The expanded accounting equation builds upon the basic accounting equation's use of assets, liabilities and equity by incorporating additional components such as revenues, expenses and withdrawals ...