Accounting for spending is an essential part of keeping your books. In a given quarter, you'll probably record money spent in a variety of accounts: employee expense, supplies, inventory, utilities ...

Learn which types of sales contribute to your small business’s operating revenue. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ...

Learn how monopolies maximize profits by equating marginal cost and revenue. Discover the economic principles guiding price and output decisions in monopoly markets.

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 ...