A: Gross profit margin shows how well a company generates revenue from the direct costs like direct labor and direct materials involved in producing their products and services.  Gross profit margins turn negative when the costs of production…

DEFINITION of ‘Convention Expenses’ Convention expenses are any travel expenses incurred while at a business convention. These expenses are tax-deductible if they are business or work-related. BREAKING DOWN ‘Convention Expenses’ Travel expenses may include food,…

What is ‘Tianjin, China’ Tianjin is a municipality in northern China, just south-east of Beijing, on the bay of Bohai. With a growth rate that has exceeded 10% every year since 2004, it is one of…

DEFINITION of ‘Moving Expenses’ Moving expenses are potentially tax-deductible expenses that are incurred when an individual and his or her family relocates for a new job or due to the location transfer of an existing…

DEFINITION of ‘Seasonal Credit’ Seasonal credit is any type of credit arrangement that permits corporate borrowers to consistently pay their overhead and other expenses despite seasonal components of revenue generation. Seasonal credit is usually presented as…