Speak with confidence at your next financial meeting by calculating your gross profit with Microsoft Excel. Excel provides several built-in functions and operators to calculate total cost, revenue and ...

What Is a Profit Center? A profit center is a part of a company that generates revenue and contributes to its profit. It operates like a standalone business, with managers who make pricing and expense ...

Strategic business functions, such as accounting, marketing and product development, are dedicated to planning, strategy and analysis. Companies also need to produce goods and services to sell to ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

As businesses grow, keeping up with increasing demands can be difficult. That’s why outsourcing key business functions can be such a valuable strategy. By outsourcing tasks that are either too ...

In this paper we apply the profit function method to examine the differences in resource use efficiency between educated and uneducated farmers in paddy production. Empirical results from farm level ...