The format of a double-column cash book given above has six columns on both debit and credit sides. The purpose of cash and bank columns has already been explained at the start of this article. The purpose of the date,…
And how can you maximize your profitability when using the inverse head and shoulders chart pattern? Traders find it crucial to know the profit target of this chart pattern. It helps in assessing the risk-reward ratio of the trade, aiding…
The contribution margin ratio refers to the difference between your sales and variable expenses expressed as a percentage. That is, this ratio calculates the percentage of the contribution margin compared to your company’s net sales. As shown in the formula…