Working capital represents a company’s ability to pay its current liabilities with its current assets. The figure for working capital gives investors an indication of the company’s short-term ...

The current ratio measures a company's capacity to pay its short-term liabilities due in one year. The current ratio weighs a company's current assets against its current liabilities. A good ...

Accrued expenses are liabilities that build up over time and are due to be paid. Accounts payable are current liabilities that will be paid in the near future. Accrued expenses and accounts ...

Tax liability is how much you owe in taxes. How can I find out my current tax liability? To find out your current tax ...

This article was expert reviewed by Lisa Niser, EA, an enrolled agent and tax advisor. Your tax liability is the total amount of taxes you owe to the IRS or your state government each year.