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The Future Of Blockchain In Accountancy

04/06/2021 /0 Comentarios/en /por

A distributed ledger may be a public network or a private network. A private distributed ledger requires an invitation to participate in the network and must be validated by a process (i.e., existing members decide on future participants) or by an algorithm. In contrast, a public distributed ledger does not require permission to participate in […]

Contribution Margin: What it is and How to Calculate it

02/06/2021 /0 Comentarios/en /por

The concept of contribution margin has been central to managerial accounting and financial analysis for decades, providing a straightforward way to evaluate the profitability and efficiency of sales. It helps businesses focus on covering fixed costs and achieving profitability. Consider a small bakery that started analyzing its products using contribution margin analysis. By doing so, […]