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Curated Video
Financial Basics for Business: Understanding Revenue, Costs, and Profits
The video explains the financial basics of any business by introducing three key terms: revenue, costs, and profit. The presenter defines each term and explains how they relate to each other in the context of a company's financial...
Curated Video
Understanding Fixed and Variable Costs in Production
This video provides an explanation of fixed costs and variable costs in a firm's production costs. The speaker gives numerical examples and graphs to illustrate the difference between fixed costs and variable costs and emphasizes the...
Crash Course
Revenue, Profits, and Price
Economists and accountants work with money every day, but their perspectives about that money can be very different. An informative video from Crash Course Economics explores basic elements of microeconomics, including economies of...
Khan Academy
Introduction to the Income Statement, Stocks and Bonds, Finance and Capital Markets
Making money in a company is challenging, as scholars discover in this clip on the introductory income statement. Sal explains this and lays out a scenario showing a company's various revenue subtractions to get the money paid to owners....