Author name: kynose_admin

The cost of goods sold represents the costs of making and selling your products at any given time, including inventory costs. Prime cost is a summation of all your labor costs and your cost of goods sold. Paying your restaurant staff, including front-of-office staff and kitchen crew, is part of your labor costs. Benefits, payroll […]

Companies that adapt to changing market dynamics and adopt these strategies can enhance their profitability and create value for shareholders. This ratio is often used to compare the performance of different companies from the same sector, usually a capital-intensive one. As fixed assets depreciate in value, a firm’s return on employed capital will gradually increase.