Lecture Managerial accounting (15/e): Appendix B - Garrison, Noreen, Brewer
Lecture Managerial accounting (15/e): Appendix B - Garrison, Noreen, Brewer
Appendix B: Profitability analysis. This appendix provides a coherent framework for measuring profitability, bringing together relevant materials from several chapters. After studying this appendix you should have a firm grasp of the principles underlying profitability analysis. The first step is to distinguish between absolute profitability and relative profitability.