How to run a garage sale
A garage sale is a good way to get rid of unwanted items and earn some extra money. There is nothing difficult in organizing a garage sale, and the right…

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What is a debit and credit balance
“Debit and credit” is perhaps the most famous accounting phrase that even those who are far from the topic of finance know. But do you understand what it is, and…

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What is a debit and credit balance
“Debit and credit” is perhaps the most famous accounting phrase that even those who are far from the topic of finance know. But do you understand what it is, and…

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How to become a millionaire
Many people dream of becoming a millionaire, but not many try to achieve this specific goal. In a world where the first billion is the new goal for the rich,…

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umber of orders

Margin Analysis

Let’s imagine that confectioner Vasya Yagodkin sells one hundred cakes with raspberries and one hundred with currants every month. Crimson ones bring him 50,000 rubles, and currant ones – only 30,000 rubles. It seems that it is more profitable to score on currants and sell only raspberry cakes. The idea is ok, but there are a few things to consider first.

Before getting rid of currant cakes, we consider how much money Yagodkin spends on production, and we see: 40,000 rubles are spent on raspberry cakes, and 10,000 rubles on currant ones. Continue reading

Bank selection
Choosing a bank is one of the most responsible decisions. A lot can depend on the stability of a credit institution. Of course, it is quite difficult for an average…

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How to Calculate the Share of Income Paid as Dividends
The share of income paid in the form of dividends is a way of measuring the share of a company's profits that is paid out to investors in the form…

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How to survive your own financial crisis
A personal financial crisis can be the result of a variety of events: job loss, divorce, bankruptcy, sudden medical expenses, or any other event that results in loss of financial…

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