8 essential accounting equations every business owner should know | Run your business
Learn more about accounting equations for business owners: https://intuit.me/3DNACFZ
If you’re a small business owner who prefers to monitor your company’s cash flow with your own two eyes, there are financial accounting equations that you can use to get started. In this video, Astrid Daniela Galvez (QuickBooks ProAdvisor and Tax Specialist) lays out 8 simple accounting formulas and how to utilize these calculations to assess the financial health of your small business.
00:00 - Introduction
01:08 - The accounting equation
01:35 - Net income equation
01:59 - The break-even point equation
02:32 - The cash ratio equation
02:49 - The profit margin equation
03:19 - The debt-to-equity ratio equation
03:41 - The cost of goods sold equation
04:03 - The retained earnings equation
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