Gross Margin
Gross margin is a profitability ratio that shows how much of each dollar of sales is left after covering the cost of goods sold. It’s calculated as (Gross Profit ÷ Revenue) × 100. A higher margin indicates better efficiency in managing production or purchasing costs.
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Gain on Sale of Asset
Gain on Sale of Asset refers to the profit realised when a fixed asset is sold for more than its…
Green Accounting
Green accounting, or environmental accounting, integrates environmental costs into financial reporting. It tracks expenses and benefits related to sustainable practices,…
Gratuity
Gratuity is a statutory payment made by employers to employees as a reward for long-term service. It is typically paid…
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