Monthly Archives: April 2021

Gross Profit Ratio Meaning, Formula, Calculation, Examples

Content What is the definition of gross profit ratio? Related Articles Everything You Need To Master Financial Modeling Understanding the Gross Margin Ratio A low gross margin ratio does not necessarily indicate a poorly performing company. It is important to compare ratios between companies in the same industry rather than comparing them across industries. Generally, […]

Accounting Definitions of Contra-Revenues vs Expenses

Content Financial Ratios Contra Asset Contra Account Journal Entry: Examples of Contra Asset Accounts What is a Contra Account? Contra Account-Meaning,Example,Recording Contra Account (Commerce Achiever) Expenses are the costs of doing business, but not all costs are expenses. In accounting terms, an expense is a cost incurred to produce revenue reported on the income statement. If […]