Liquid Assets
Assets that can be quickly converted into cash without losing value. Examples include cash on hand, bank balances, and short-term investments. These are critical for covering short-term obligations and are a key part of liquidity analysis.
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Life Cycle Costing
Life cycle costing analyses the total cost of owning, operating, maintaining, and disposing of an asset over its useful life.…
Labour Cost Variance
Labour cost variance measures the difference between the standard labour cost and the actual labour cost incurred. It helps identify…
Loan Covenant
A loan covenant is a condition or restriction set by lenders to ensure borrowers maintain financial discipline. Covenants may require…
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