Fixed Costs
Fixed cost is an expenses that remain constant regardless of production volume or sales activity. Examples include rent, salaries, insurance, and depreciation. Fixed costs are incurred even if the business produces nothing, making them important in break-even and profitability analysis.
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Forecasting
Forecasting it the process of estimating future financial outcomes based on historical data, trends, and assumptions. It helps businesses plan…
Financial Ratios
Metrics derived from financial statements used to evaluate a company’s performance, health, and efficiency. Common ratios include current ratio, return…
Financial Accounting
Financial accounting is the process of recording, summarizing, and reporting a company’s financial transactions in accordance with standardized rules like…
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