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What Is a Balance Sheet?

A balance sheet is a type of financial statement used in business and finance to give an overview of a company’s assets, liabilities, and shareholder equity at a given point in time. These balance sheets are essential tools for business owners, accountants, and investors because they provide insight into a company’s financial standing and show …

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Businesspeople analyzing company standing using balance sheet financial statement
Guide to Working at Pfizer

When you think of Pfizer, you probably think of one of a few blockbuster drugs the company has helped develop. And because pharmaceuticals is the company’s core focus, many people working at Pfizer are, of course, scientists. However, taking a drug from concept to reality requires support from all types of roles and teams. From …

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Guide to Working at SAP

As a leading business process management software company, SAP delivers solutions that help businesses organize and distribute data more effectively. Ready to discover more about SAP careers? Learn about working at SAP, including average salaries and benefits, student internship opportunities, and company culture. This guide covers:  What Is SAP?  In 1972, five entrepreneurs and former …

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Working at SAP
What Is Net Working Capital?

Net working capital (NWC) is also referred to as working capital and is a way to measure a company’s ability to pay off short-term liabilities. NWC is often used by business owners and accountants to quickly check a company’s financial health at any given moment. However, the results are sometimes difficult to interpret.  In this …

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Two businesspeople discussing company's recent NWC, working capital formula