Medicine
3 years ago

Increase in Cost of Sales Leads to Nearly Double Profit for Small Enterprises.

E3S Web of Conferences
Applied mathematics as a tool for studying the efficiency of an enterprise
Marina V. Vinogradova, Liubov Iakodiuk

Paper Summary

The article uses math to study how well a small business is doing. They found that increasing sales costs by 1 ruble leads to a profit increase of 0.92 rubles. Over 24 months, the profit of the business changes randomly with no clear trend. There are no regular ups and downs in profit. The business is growing and moving forward.

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