Accounting for spending is an essential part of keeping your books. In a given quarter, you'll probably record money spent in a variety of accounts: employee expense, supplies, inventory, utilities ...
Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...
Marginal revenue measures extra income from producing one more unit. Compare marginal revenue and cost to decide on production adjustments. Track marginal revenue changes to set optimal production and ...
One of the harder economic concepts to embrace is that tax revenues, as a percentage of GDP, are often lower when rates are higher, and higher when rates are lower. Huh? The reason is that high rates ...
Discover what a shutdown point is in economics—when companies decide it’s more practical to cease operations temporarily or permanently due to revenue not covering variable costs.
Marginal pricing is when a business sells a product at a price that covers its manufacturing costs but not its overhead. The benefit of marginal pricing is that the lower price point increases ...
Revenue is any money that a business makes from selling its goods and services, whereas costs are anything that a business pays for. Businesses need revenue to ensure that they can maintain their ...
For far too long, most CIOs have been insulated from the core missions of every business: generating revenue and profit, and delighting customers. But that old-fashioned construct is changing rapidly ...
Learn which types of sales contribute to your small business’s operating revenue. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ...
Gross revenue is the sum total of income generated from a business’s operations. This includes income from the sale of goods and services before any deductions are made. This metric is a measure of a ...