Crash Course
Revenue, Profits, and Price: Crash Course Economics
How do companies make money? What are profits? Revenues? How are prices set? This week, Jacob and Adriene are talking business. Whether you're selling cars, pizza, or glow sticks, this video has pretty much all the information you need...
Crash Course
Expenses & Costs - How to Spend Money Wisely: Crash Course Entrepreneurship
So we’ve learned a lot of strategies to fight off failure. But we could be doing all this right and still fail if we straight-up run out of money. Expenses can pop-up, supplies can suddenly be hard to find, or delivering the most value...
The Business Professor
Mixed Costs in Accounting
This video explains what are mixed costs (generally a mix between fixed and variable costs) and how those costs are recorded in managerial accounting.
The Business Professor
Contribution Format Income Statement
This video what is the Contribution Format Income Statement in managerial accounting. It also discusses how managers use the contribution format income statement in comparison to a traditional income statement required under GAAP.
The Business Professor
Break-Even Point - Units Calculation
The units calculation for the break even point in an activity is used to determine exactly how many units of output must be produced and sold for the company to breack even monetarily.
The Business Professor
Break Even - Units vs Dollar Value of Sales
The break even point for an organization can be calculated as either the total number of units sold or the total value of units sold.
The Business Professor
Cost Behavior
Costs change or react to changes in other organizational levels or variables. Most notably, the Cost Volume Profit analysis analyzes changes in cost related to profitability and volume.
The Business Professor
Fixed Costs in Accounting
This video explains what are fixed costs and how fixed costs are recorded as part of the managerial accounting process.
Curated Video
Microsoft Project 2021 From Beginners to Advanced - Save Project as a Template
In this lesson, we will learn to save a project as a template and reuse it for future projects. We will learn to specify default settings, create custom fields, and save templates. This clip is from the chapter "Saving Projects and...
Curated Video
Understanding Short-Run Costs in Economics
In this video, the topic of short-run costs is explored, specifically the distinction between short run and long run and its implications on costs. The video explains the specific definitions applied by economists to time frames,...
Curated Video
Understanding Shutdown Points for Profit Maximization in the Short and Long Run
This video provides an in-depth explanation of shutdown points in economics, specifically focusing on the difference between short and long run decision making processes. The narrator introduces various economic concepts, such as the...
Curated Video
Business Calculations: Understanding Gross Profit, Net Profit, and Average Rate of Return
This video is a lecture on important business calculations that businesses need to manage their finances. The focus is on three main calculations: gross profit margin, net profit margin, and average rate of return. The lecturer explains...
Curated Video
Performing Sensitivity Analysis for Business Profit Forecasts
This video is a lecture on sensitivity analysis and how businesses can use it to improve the accuracy and quality of profit forecasts. The lecture examines how the sensitivity analysis can help businesses prepare for negative scenarios...
Curated Video
Introduction to Business Costs and Expenses
The video is about understanding costs in business. The presenter explains how sales revenue is calculated and how it incurs costs for a business. The different types of costs are discussed, including fixed costs, variable costs, and...
The Business Professor
Contribution Format Income Statement
This video what is the Contribution Format Income Statement in managerial accounting. It also discusses how managers use the contribution format income statement in comparison to a traditional income statement required under GAAP.
Curated Video
Understanding Business Forecasting: The Importance and Limitations of Sensitivity Analysis
This video discusses the challenges and limitations of business forecasting, which relies on assumptions about future performance variables that may not necessarily occur as expected due to unpredictable factors such as market changes...
The Business Professor
Cost Behavior
Costs change or react to changes in other organizational levels or variables. Most notably, the Cost Volume Profit analysis analyzes changes in cost related to profitability and volume.
Economics Explained
Does Tesla Deserve to be The World's Most Valuable Automaker?: Economies of Scale
Tesla is today the most valuable automaker in the world by market capitalization beating out industry giants like General Motors, Ford, Volkswagen group, and even Toyota. It has achieved this impressive feet despite a short operating...
Economics Explained
The Harsh Economics of Climate Change
Global warming is something that threatens to impact us all: both environmentally (with the loss of natural marvels such as the great barrier reef) and economically. But humans aren't actually contributing as significantly as you may...
The Business Professor
Mixed Costs in Accounting
This video explains what are mixed costs (generally a mix between fixed and variable costs) and how those costs are recorded in managerial accounting.
The Business Professor
Fixed Costs in Accounting
This video explains what are fixed costs and how fixed costs are recorded as part of the managerial accounting process.
Curated Video
Understanding Profit and Increasing Business Profits
This video is a lecture presentation on the concept of profit in business. The presenter explains the equation for profit, which is revenue minus costs, and breaks it down into its constituent parts such as revenue, fixed costs, variable...
The Business Professor
Break Even - Units vs Dollar Value of Sales
The break even point for an organization can be calculated as either the total number of units sold or the total value of units sold.