Income vs expenses

income-vs-expenses

Revenue and expenses are the basic calculations on which most business decisions are made. All businesses make basic calculations for each division in which they balance the revenue projections against the projections of expenses. This is such a fundamental part of the business process that it is often not even discussed. However, this does not … Read more

Insurance benefits

insurance

Insurance can have many advantages depending on the type that is contracted. The most common is known as personal insurance, which includes automobile, life, owners, disability and health. The biggest advantage of insurance is the benefits that are paid when it is necessary to file a claim. Claims can include damage to a vehicle or … Read more

Industries that use costing by Processes

The analysis of the cost structure is one of the pricing methods. Knowing the production costs allows the manufacturing companies to determine profitability and appreciate how inflation affects the development of the company; and if these costs can be more detailed (by the department, a method of manufacture, process and so on..) they will be … Read more

Types of Budgets

Budget

When creating a budget for a small business or a corporation, it is important to determine which method is best suited to it. The different types have unique strengths and advantages that can be used to maximize the financial perspective of an organization. Some organizations use a type of budget at all levels of the … Read more

How to Calculate Margins

In financial terms, by doing a total of sales, the margin is referred to as the amount of benefit received. Financial analysts mainly observe three levels of margins: Gross Profit Margin (GM), Operating Profit Margin (OM), and Net Income Margin (NI). All can be easily calculated using the results account found in the 10 (k) … Read more

How to identify bronze and copper scrap

Selling junk metals is a way to earn a little extra money while cleaning your home from damaged appliances or what’s left of home repairs. Scrap defines a scrap metal, which can be recyclable or reusable. When you talk about scrap, copper is king! The copper is one of the most valuable metals when it … Read more