Running costs are recurring operational expenses necessary for keeping the business functioning day-to-day. This includes fuel, maintenance, salaries, insurance, and office supplies. Unlike capital expenses, running costs don’t result in asset acquisition. They directly impact profit and are monitored closely for cost control.
Retained earnings represent the cumulative net profit a company keeps after distributing dividends to shareholfers. Reported under equity on the…
Revenue expenditure refers to costs incurred in the day-to-day running of a business, like rent, utilities, and maintenance. These are…
ROI measures the profitability of an investment by comparing net gain to initial cost. It’s expressed as a percentage and…
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