Net Profit Margin
Net profit margin is a financial ratio that shows the percentage of net income earned from total revenue. It’s calculated as (Net Income ÷ Revenue) × 100. This metric helps assess how efficiently a business turns revenue into actual profit after covering all operating and non-operating costs.
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Non-current Liabilities
Non-current liabilities are long-term financial obligations not due within the current fiscal year. These include bonds payable, long-term loans, deferred…
Net Realizable Value
NRV is the estimated selling price of an asset, less any costs required to complete or sell it. It’s commonly…
Nominal Account
Nominal accounts are temporary accounts used to record income, expenses, gains, and losses during a period. They are closed at…
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