What is Return on Sales?

What is Return on Sales?

Return on Sales, Asset Turnover, Return on Assets — We put these three together because they relate. Return on sales multiplied by asset turnover equals return on assets. These three ratios hang together as a triangle, but you must understand … Read More »

Destination Africa: A New Frontier for Entrepreneurs

A while back, we interviewed Winnie Ouko, Director of Lattice Consulting and partner of Income|Outcome in Kenya. We spoke with Winnie about entrepreneurship in Africa, a topic we found so interesting that it deserves further exploration. Though overflowing with natural … Read More »

What is Shareholder Equity?

If you were to sell off everything in your business at book value and pay off your debts, how much cash would you be left with? That’s shareholder equity. In other words, shareholder equity is the amount of the business … Read More »

What is Working Capital?

At its bare bones, “capital” is wealth. But as the definition is fleshed out, it becomes clear that not all kinds of capital are alike. Every employee needs to understand the basics of working capital to ensure they are equipped … Read More »