Margin vs Profit
Outsourcing to a professional team that provided management accounting is essential to your business's success and growth. A company's gross manufacturing margin is calculated by subtracting the cost of goods sold from total sales or revenue. The res...
What is a Standard Margin in Accounting Terms?
Gross profit margin shows how well a company generates revenue from its costs that are directly tied to production. Gross profit margin is used as a metric to assess a company's financial health....
Examples of Straight-Line Amortization
Common intangible assets within a company include patents, trademarks, goodwill and franchise licenses. Amortization is the process of allocating the cost of an intangible asset over its useful life. Business owners should understand the pros and con...