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Read More Read MoreBut what are these more specific, lesser-known working capital-related formulas, what do they all mean, and how do you go about thoroughly and effectively managing net working capital? Tracking the level of net working capital is a central concern of the treasury staff, which is responsible for predicting cash levels and any debt requirements social […]
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Read More Read MoreCompanies that sell services instead of goods can use either the cost of revenue or the cost of sales when calculating what it normal balance costs to offer their service. COGS should only include the costs of producing goods or services that have actually been sold. This means that accounting for inventory is a crucial […]
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