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What do we mean by Performance Metrics in the subject of Accounting?
Metrics means measures or parameters which are used to assess, compare, track the working of any process. When we talk about performance metric in conjunction with accounting then it is the use of qualitative and financial analysis methods to assess the performance of a company's production, marketing, sales, revenue, project management in terms of monetary cost. Although generally, we use performance metric for analyzing processes in terms of finding the usage of time, money and resources however in accounting we assess all the metric in monetary terms as all of that has to be reflected on the balance sheet and accounting books.
Although each business organization uses different accounting performance metrics according to their needs however for learning purposes there are a few basic metrics which are provided in the list below. If you are having trouble in calculating any of these metrics then don't worry because our accounting assignment help service is going to give you a straightforward solution to all your homework problems.
- Return on Equity
- Operating Cash Flow
- Balanced Scorecard
- Working Capital
- Social return on investment
- Current Ratio
- Quantitative Analysis (QA)
- Debt to Equity Ratio
- Performance Shares
- Line of business Revenue Vs. Target
- Earnings Power
- Accounts Payable Turnover
- Multiple Investments
- Accounts Receivable Turnover
- Customer Satisfaction
- Inventory Turnover
- Quick Ratio
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