What Is the Fixed Asset Turnover Ratio? The fixed asset turnover ratio (FAT) is, in general, used by analysts to measure operating performance. This efficiency ratio compares net sales (income ...

The balance sheet comprises assets, liabilities and owner's equity -- that is, the capital contributed by the owner of the business. These three items essentially represent the net worth of a business ...

A financial statement that lists the assets, liabilities and equity of a company at a specific point in time and is used to calculate the net worth of a business. A basic tenet of double-entry ...

IMGCAP(1)]A major financial reporting and accounting deficiency needs our long-overdue attention: the failure to reflect the value of human capital as an asset on a firm’s balance sheet. Admittedly, ...

A classified balance sheet breaks down assets, liabilities and shareholders' equity in classes and subcategories. Depending on whether office equipment breaks the capitalization threshold, equipment ...

The Accounting Review is the premier journal for publishing articles reporting the results of accounting research and explaining and illustrating related research methodology. The scope of acceptable ...