Cash Accounting
An accounting method that records income when cash is received and expenses when cash is paid. It’s simpler than accrual accounting and works well for small businesses with straightforward transactions. However, it may not reflect a company’s full financial picture at any given time.
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Corporate Tax (CT)
A federal tax introduced in June 2023 at a standard rate of 9% on taxable business profits exceeding AED 375,000.…
Contribution Margin Ratio
The contribution margin ratio is the percentage of each sales dollar that contributes to covering fixed costs after variable costs…
Current Ratio
The current ratio is a liquidity metric that measures a company’s ability to meet its short-term obligations with its current…
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