Sunday, May 20th, 2012
This presentation deals with the economic importance of insurance.
Businesses and individuals face risks; aim to control the future; transformation of risks into costs; insurance premium ...
Insurance
Posted in Lessons | Comments Off on Insurance PowerPoint Presentation
Thursday, March 3rd, 2011
Key terms
revenue: value of total sales made by a business within a period
costs: the expenses incurred by a firm in producing and selling its products, e.g. wages and raw material
profit: difference between a firm's sales revenues and its total costs
sales revenues = volume of goods sold multiplied by average selling ...
Posted in Lessons | Comments Off on Revenues, Costs and Profit – Basics
