Return On Sales, often abbreviated as ROS, is a fundamental financial metric that sheds light on a company’s profitability. It’s important because it reflects a company’s efficiency in converting sales into profits How to Calculate Return on Sales ROS is … Read More
If you were to sell off everything in your business at book value and pay off your debts, how much cash would you be left with? That’s shareholder equity. In other words, shareholder equity is the amount of the business … Read More
At its bare bones, “capital” is wealth. But as the definition is fleshed out, it becomes clear that not all kinds of capital are alike. Every employee needs to understand the basics of working capital to ensure they are equipped … Read More
Gross margin is a finance term that seems to be defined differently by every company. Gross Margin Defined Gross margin is gross profit expressed as a percentage of sales. Gross profit is the money earned from a sale minus the … Read More
Depending on your position in your company, you might see a lot of sales revenue coming into the organization. But when will the the company actually able to use it? Today’s finance phrase can help you find out. Days sales outstanding … Read More
Everyone who works makes business decisions. College deans approve faculty. Distribution managers decide on appropriate inventory. Even the teenager cutting grass decides how much to charge. Since they all make business decisions, shouldn’t they understand how business works? A great … Read More
We’ve said it before, and we’ll say it again: The Income|Outcome® Business Simulation is nothing like Monopoly® or The Game of Life®. The concept of “serious gaming” is near and dear to our hearts, but we know it may not … Read More
In February, Singapore released a Labour Force Survey Supplement on Training: almost one third of the country’s entire workforce received structured training to improve job skills in 2013, a proportion that has been rising in recent years. It is required … Read More
We are slowly changing over from the old logo (left) to a new one (right). You can see certain similarities – the blue/green which are prominent in our game boards and our pieces, the I and O with a slash … Read More
We all know the world is changing, and that the speed of change is increasing. Or at least, we say we do. But not everyone embraces change. If you are already at the top of the heap, you might prefer … Read More