Bookkeeping

Gross Margin vs Contribution Margin: What’s the Difference?

Remember that effective contribution margin analysis considers both quantitative data and qualitative insights to drive informed decisions. If the company produces and sells 600 units of product B, it will generate a contribution margin of $12,000 ($20 x 600) and incur a fixed cost of $8,000, resulting in a positive operating income of $4,000. If … Read more

How to Do a Background Check for Employment

Candidates may want to see what may show up if a prospective employer runs a background check. Or, in certain cases, employers may ask a candidate to provide certified background check reports, like an MVRs. How to run a background check on yourself for employment varies, depending on the type of records needed and how … Read more

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