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Accounting

Understanding Accounting: Part Two: Expenses vs Investments

A word before we start talking about expenses.  Expense has a bad ring to it.  Expense is something we want to cut.  Something that should be as low as possible.    But all expenses are not created equal.  Once you have…

Understanding Accounting – Part One: Gross margin is just training in the park .

You want to understand numbers.  But your accountant confused you. Or maybe you took an accounting course in college and have PTSD from the experience.  It’s not that hard.  Let’s start with Gross Margin.  Gross margin is the profit you…