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Give the definition and formula for marginal cost.
Accounting
Grade 12
Type: Study Card

Give the definition and formula for marginal cost.

going concern concept
Accounting
Type: Glossary

GAAP principle that means that the activities of a business or accounting entity will continue...

goods
Accounting
Type: Glossary

(also called merchandise) items that can be bought or sold

gross profit
Accounting
Type: Glossary

profit calculated as income from sales minus the cost of goods sold.

gross salary
Accounting
Type: Glossary

basic salary paid by an employer before deductions.

gross wage
Accounting
Type: Glossary

basic wage paid by an employer before deductions.

historical concept
Accounting
Type: Glossary

GAAP principle that means that the business records assets that it purchases at cost less...

honorarium
Accounting
Type: Glossary

money paid for professional services

How does a close corporation differ from a company?
Accounting
Grade 12
Type: Study Card

How does a close corporation differ from a company?

How is pro rata depreciation calculated?
Accounting
Grade 12
Type: Study Card

How is pro rata depreciation calculated?

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