This ratio measures how efficiently a business uses its working capital to generate revenue. Calculated as Net Sales ÷ Average Working Capital, it shows how many times working capital is turned over in a period. A high turnover indicates effective asset utilisation; too high may signal liquidity risks.
A windfall gain is an unexpected and non-recurring profit, often arising from asset sales, legal settlements, or favourable regulatory changes.…
A white knight is an investor or company that acquires a target firm to prevent a hostile takeover. From an…
Watered stock refers to shares issued at a value significantly higher than the fair value of the company’s net assets.…
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