Your profit margin is an important figure for your business because it tells you the percentage of each sale that is profit. Profit margins are important when you are pricing products, generating ...

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...

If you're tired of repeated calculations, hard-to-read formulas, and sluggish Excel worksheets, the LET function is your ...

A periodic inventory system uses a manual inventory count at the end of the year. This amount, labeled ending inventory, becomes the beginning inventory for the next year. Purchases of new inventory ...