operating expense

Tag: operating expense

A Tale of Two Bank Accounts

Do you ever have those thoughts that haunt you in the middle of the night? Well, for me, it was 2 AM one night and I thought to myself, “Why on earth do I have two bank accounts?!” As time passes and technology progresses, the need for multiple bank accounts seems irrelevant. Think about it

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Research and Development

Research and Development Definition Research and development (R&D) in business refers to activities geared towards new product development or current product improvement. It typically involves conceptualizing and designing new products and then tailoring them to meet the needs of the target market. R&D is often a line item on a company’s income statement. Technology and

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