What is Marginal Cost

What is Marginal Cost

What is Marginal Cost? Definition and CalculationMarginal cost is a concept commonly used in business. It is used to determine the best production quantity that adds the least cost to producing extra units. Calculating marginal costs is a vital aspect to doing...
How to Calculate and Log Accounts Receivable

How to Calculate and Log Accounts Receivable

Accounts receivable is a record of any money that is owed to your business.Allowing customers to purchase goods or services on credit can help to drive sales. Accounts receivable help you keep track of the credit you extend to customers. Once you invoice your...