‘Don’t be a tall poppy’ ‘Quit being such a show-off’ ‘So you think you’re so smart?’ Have you heard any of these before? Maybe they were directed towards you. Maybe you might have said them to someone else. But why do people feel a need to say these kinds of things? Having grown up in
It is time for the next in the ratio analysis series – efficiency ratios! So if you have been following the ratio analysis series, you will remember that we first discussed profitability ratios, to measure how profitable the business is. Then we looked at gearing/liquidity ratios which helps us determine whether or not the business
Hi there accounting fans! Are you familiar with the FIRE (Financial Independence, Retire Early) Movement? For just a bit of background – the FIRE movement came about as part of a drive towards financial independence via increased savings and increased earnings. Also it has a pretty cool acronym. The FIRE movement is quite big in
Having looked at profitability ratios in our last article, today we shall look at the next article in the financial ratios series: Gearing/Liquidity ratios! To start off with – let me explain the weird sounding names for this particular group of ratios. What is liquidity? Liquidity (from a business perspective) looks at how ‘liquid’ the