FINANCIAL REPORTING
Marginal cost
Marginal cost represents the incremental costs incurred when producing additional units of a good or service. It is calculated by taking the total change in the cost of producing more goods and dividing that by the change in the number of goods produced. The usual variable costs included in the calculation are labor and materials, plus the estimated increases in fixed costs (if any), such as administration, overhead, and selling expenses. The marginal cost formula can be used in financial modeling to optimize the generation of cash flow.
Cost
Various costs arise when procuring, operating, or disposing of a project. Project-related costs can be classified into initial costs, fuel costs, replacement costs, operation and maintenance costs, finance charges, and residence values. Only relevant and significant costs in each of the categories above can be used to make investment-related decisions. Costs make sense when they are different for each alternative. They are considered significant when they are substantial enough to cause a dependable impact on a project’s LCC.
Cost Analysis
Life cycle cost analysis is especially useful where a project come with multiple alternatives and all of them meet performance necessities, but they differ with regards to the initial, as well as the operating cost. In this case, the alternatives are compared to find one that can maximize savings.
Cash Flow
Cash Flow is the increase or decrease in the amount of money a business, institution, or individual has. In finance, the term is used to describe the amount of cash (currency) that is generated or consumed in a given time period. There are many types of CF, with various important uses for running a business and performing financial analysis.
Budget
A comprehensive budget will include many components, but generally begins with planned sales. Sales drive production budgeting, including materials, labour, and overhead. The production budget must interface with the cash budget. The entire process can culminate in budgeted financial statements.
Finance Control
Financial control is concerned with the policies and procedures framed by an organization for managing, documenting, evaluating and reporting financial transactions of an organization
Performance Ratio
performance ratios that you must calculate at regular intervals in order to assess how well your resources are utilized and measure the business’s performance over a given time. Ratio Analysis helps you understand your financial statements better as they give insider views on the working of your business.
Operation Cost
Operating costs are key components Of Operating Income calculation (and operating income is a crucial component of many financial measures). Thus, the lower a company's operating costs are, the more profitable
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