Customer Acquisition Cost (CAC), or Cost of Acquisition (CoA), is the total expense associated with acquiring a new client or customer. &a...

The payback period refers to the time it takes to recover the initial cost of an investment. A company will use the payback period to determine which invest...

Gross margin is the company’s net sales revenue minus its COGS. Simply put, it's the amount of money a company keeps from sales after taking into accoun...

FIFO (First In First Out) is a method of approximating the cost of goods that a company sold from its inventory. It can be difficult for a company to know t...

GAAP or Generally Accepted Accounting Principles refers to a certain set of rules or standards issued by FASB or the Financial Accounting Standards Board. P...