A contribution margin is a gap between the revenue of a product and the variable costs it took to make it. Earnings Before Interest and Taxes (EBIT) is the company’s net income before applying taxes and interest rates. While the contribution margin shows the money left over for paying fixed expenses and profit, income is… Read more »

Blockchain makes it possible to write verified transactions to a distributed ledger in a secure fashion, without a central authority, between untrusted parties, creating an undeniable past, value for each node and adding value (trust) to those transactions. Audit technologies can help reduce the length and complexity of audits. It is also very likely that, in… Read more »