Why Gross Margin is an important metric?
We are looking at the word gross margin. Gross margin is a company’s total revenue minus by the COGS (cost of goods sold), divide by the...
Accounting word of the Week: Target Income Sales
Target Income Sales
Accounting word of the Week
Our word of the week is Sales Discounts. A sales discount is when cash is given from the seller to the purchaser for early payment of the...
Accounting word of the Week
Today, we are looking at the word sales allowance. Sales allowance is a reduction in the selling price of goods because of a particular...