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I came across a list of ratios.  Handwritten and unsourced. I’m double-checking them through Google..

Solvency Ratio includes,

Debt-Equity Ratio= external equity/internal equity

Profitability ratios include,

Net profit ratio= net profit after tax/net sales as a percentage so x100

Gross profit=gross profit/net sales, again as a percentage

These are good terms to look on a search engine.  They are at accounting side of books.  So, indicating company health   more for stakeholders than bookkeeping side of records.  There are more.

Dave T.

When a business makes a purchase from a supplier.  First, a purchase order is generated.  Example, 5 gromits for £5, from Percy’s Products. When the items are delivered, they come with a delivery note from the supplier.  After that, the invoice is sent by the supplier., a request for payment.. if some gromits are too round, or other fault.  Items may need to be returned to the supplier.  In turn, suppliers may send a business a Credit Note. To repay  gromits to the recipient.

Invoices and Credit Notes have certain details on each one… Because, a Credit note is an invoice in reverse..

Purchase order, delivery note, invoice and delivery note should be collated, for each item received as a complete order details.  The invoice, and Credit note should then be logged on the  bookkeeping system..  collated details then are filed away, for safe keeping..

Invoices should always have the seller’s name, company address, vat number, recipient’s name, what goods were supplied, and in which quantity..  Similarly, with credit notes.

Knowing VAT applicable rates is useful. These days, there are 20%, 5% and 0% rates for different items..

,

That’s useful to know.?

Dave T.

I’d look out the back bedroom window at Victoria Hill, Swindon..  the Sun would glisten, and the church bells would ring.. it was an idyllic experience..

It’s very much a feeling parts of Wiltshire could induce.  Like many bordering counties in West Country . I guess, we all feel likewise about our homes.

Today, the Sun is shining into my bedroom, glistening, and illuminating . A heavenly experience   though id struggle to access greenery.. it still feels a wonderful treat..

I know I’m alive, and I’m glad of that.

Dave T.

These are fractional, or decimal indicators of health of a company.. A percentage of company assets over company liabilities

A business might have five pounds cash in the bank, and twenty pounds of debt.  So, Acid rest is 5/20.  A quarter or 0.25 as an acid test value..  if the company is dissolved today. Acid Test is of value of one or less.

Dave T.

The Royal British Legion raises charitable finances to assist veterans.  They sell poppies.

The churches hold remembrance services, and much is mentioned in media.  The minutes silence is invited to be observed .

It’s solemn, it’s a time we feel gratitude after two world wars.. you may’ve seen photos of the Flanders killing fields?. The blinded by gas personnel trying to navigate the tracks to medical support.  The rotting, severed, gloved hand, hanging from  barbed wire.

it’s isn’t just a thank you.  It’s a please, not again.

Dave T.