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Inside this Book – This free e-book explains all of the basic accounting concepts and terminology you will need to understand the three primary financial statements that appear in every organization’s annual report and most internal monthly reports. It describes the differences between cash based and accrual based accounting.
Inside this book –Understanding Accounting Principles PDF Book by Paul Newton – The purpose of this ratio is to compare the finance provided by lenders with the finance invested by shareholders. Generally speaking, banks do not like to see the amount of debt exceed the amount of equity. The ratio is usually expressed as a proportion (as in 1 to 1), although it can sometimes appear as a percentage. Gearing is said to be high when borrowing is high in relation to equity
Understanding Accounting Principles by Paul Newton PDF : eBook Information
- Full Book Name – Understanding Accounting Principles
- Author of this Book – Paul Newton
- Language – English
- Book Genre – Novel, Accounting, Business & Investing
- Download Format – PDF
- Size – 2.6 MB
- eBook Pages –35
- Price – Free