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One of the main functions of accounting is to record the revenues, cost and expenses (as well as any gains and losses) of a business in order...
From the financial point of view, you’re in business to make a profit. This is obvious, isn’t it? Or are you in business to make money?...
This post tackles two basic questions about “Analyzing Profit Behavior”: How did the business make its profit? How can the business improve its profit performance?. Business...