Sep 21, 2021 | Bookkeeping
Then Continental Airlines broke from the norm and started running flights even when the added revenues were below average cost. The other airlines thought Continental was crazy – but Continental made huge profits. You should increase the number of times you run your...
Oct 7, 2020 | Bookkeeping
Now let’s look a closer look at each of these basic elements of accounting. Retained earnings and profits are related concepts, but they’re not exactly the same. Calculating retained earnings is a pretty straightforward process. What Is Retained Earnings on...
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