Millimeter Definition & Meaning

Both approaches are allowed under standard accounting rules. What matters is that readers look at the figures and understand the amounts. We have measures like meters and kilometers to express bigger distances, like the distance between two cities, the height of mountains, lengths of rivers, etc. The longer the focal length, the narrower the angle[…]

Cost of Goods Sold COGS: Definition and How to Calculate It

While the basic formula is simple, there are a number of variables to consider as well as choices about accounting methods to use. It’s not important for many service providers that do not make or sell products. For instance, attorneys, consultants, designers, programmers and similar firms don’t use COGS. Calculating Cogs can be complex for any[…]