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, […]
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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 […]