4 mai 2022
1 1: Define Managerial Accounting and Identify the Three Primary Responsibilities of Management Business LibreTexts
Suppose one of the controls put into place is to measure the sales in the current stores to determine if selling the company’s products in new stores is adding new sales or merely moving sales from existing stores. This control measure, same-store sales, must be evaluated to determine the effect of the decision to expand […]
4 mai 2022
Gross Margin Definition, Components, Significance, & Factors
Companies use gross profit margin to identify areas for cost-cutting and sales improvement. A high gross profit margin indicates efficient operations, while a low margin suggests areas needing improvement. The gross profit margin (also known as gross profit rate, or gross profit ratio) is a profitability metric that shows the percentage of gross profit of […]