Gross margin represents the amount of total sales revenue that a company retains after incurring the direct costs associated with producing the goods sold by the company.

Michael Szot stresses gross profit: Drive commissions by profitability, not gross sales. I have seen too many instances where commissions were based on gross sales, but the overall margins were below ...

Learn what Modified Adjusted Gross Income (MAGI) is, how to calculate it, and why it matters—from Roth IRAs to Premium Tax Credits, Medicaid, and IRMAA surcharges.

A written report of the financial condition of a firm. Financial statements include the balance sheet, income statement, statement of changes in net worth and statement of cash flow.