Working capital represents a company’s ability to pay its current liabilities with its current assets. This figure gives investors an indication of the company’s short-term financial health ...
"Total assets" is the sum of total current assets and total long-term assets After listing the assets, you then have to account for the liabilities of your business. Like assets, liabilities are ...
This item appears on the balance sheet as a current liability, which typically comes due at intervals of 30, 45, 60, or 90 days, depending on the repayment terms. AP is short-term financing that ...
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13 firms’ tax liabilities surge to N210.52bnThirteen Nigerian companies recorded a significant increase in their current tax liabilities, which surged by 50.54 per cent to N210.52bn in 2024 from N139.85bn in 2023. The rise in tax ...
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