Let's face it: Even the best budgets can't always predict your actual expenses. Things happen. Unexpected costs arise. That's life. That's why it's so useful to review your budget after a project is ...
This post explains how to calculate Weighted Average in Excel with percentages. In a standard arithmetic average where the sum of values is divided by the number of values, each data value is treated ...
Have you ever stared at a spreadsheet, struggling to make sense of percentage calculations that just don’t seem to add up? Whether it’s a confusing formula, a misstep with zero values, or an ...
One way to find a percentage of an amount is to use 1%, 10% and 50% as building blocks. 1%, 10% and 50% can be used as building blocks for working out percentages in your head. 1% is 1⁄100. Work out 1 ...
In real life there are many scenarios where we calculate percentages in our minds, for example the amount of discount on goods, tips at restaurants and many more. Have you wondered, if you could ...
Gross profit margin is a common measure of how well a business is doing. It is defined as the proportion of sales revenue a business earns after deducting the costs of production or sales, such as raw ...
Employee labor percentage, more commonly called the cost of labor percentage, states the overall payroll expenditure for a business as a proportion of gross sales. Payroll is a major expense for any ...
Most companies sell their products on credit, for the convenience of the buyers and to increase their own sales volume. The term bad debt refers to outstanding debt that a company considers to be ...
Let's face it: Even the best budgets can't always predict your actual expenses. Things happen. Unexpected costs arise. That's life. That's why it's so useful to review your budget after a project is ...