Examlex
Explain what personal finance software is, and how it differs from accounting software.
Financial Records
Financial records are written accounts of a business's financial activity, including transactions, income, and expenses, essential for tracking financial performance.
Leverage Ratios
Financial metrics that assess the degree of a company's reliance on borrowed money in its operations.
Profitability Ratios
Financial ratios that are used to measure the ability of a company to turn sales into profits and to earn profits on assets and owner’s equity committed.
Primary Financial Records
Essential documents that record and detail the financial activities and condition of a business or individual, such as income statements, balance sheets, and cash flow statements.
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