Asset Turnover Ratio is a vital determinant of performance of any company and is basically the ratio of company’s sales or revenues and the value of its assets. It is used to gauge the efficiency of use of a company’s assets in the generation of revenue. Higher...

Accrual Accounting is a technique of accounting in which transactions viz. revenue and expenses are recorded as and when they are incurred irrespective of when the cash is exchanged. This is highly significant in the assessment of the health of any organisation. This is useful in businesses...