The average net profit margin for general retail sits at 2.65% while the average margin for restaurants is 12.63%. Finding new customers and marketing your goods or services to them is time-consuming and expensive. But when you focus on ways to increase customer retention, you can continue to make sales to the same people over…

The adjusting entry on January 31 would result in an expense of $10,000 (rent expense) and a decrease in assets of $10,000 (prepaid rent). Rather, they provide value over time; generally over multiple accounting periods. The reason is that the expense expires as you use it, thus, you can’t expense the entire value of the…

Scammers have been known to impersonate agents of IRS Criminal Investigation as well. If you need a photocopy of your original return, complete and mail Form 4506, Request for Copy of Tax Return, available at IRS.gov/Pub/irs-pdf/F4506.pdf, along with the applicable fee. The IRS never sends email requesting that you obtain or access your transcripts. Report…

High school students who hold a GPA higher than 2.3 are required to take some series of tests to get admitted into Berry university. A 3.1 GPA in college means that your college performance is equal to the college performance of the majority of college students across the United States. It is a good GPA…