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Income|Outcome® Blog

Financial Literacy & Key Concepts
Financial Literacy & Key Concepts covers essential accounting and business fundamentals for professionals and learners. Topics include income statements, cost structures, gross margin, supply and demand, and business acumen. This category provides practical guides, explanations, and real-world applications to help readers confidently understand financial reports and make informed decisions.
May 13, 2025

Answer for the EBITDA Storytelling Challenge

What’s the best metric for your story—EBIT or EBITDA? In this follow-up to the storytelling challenge, we reveal the answer and explain how context shapes which number tells the better story.

March 26, 2025

Cost Structure: Direct, Indirect, and the Space Between

Learn how to distinguish direct and indirect costs—and why business decisions depend on getting it right. Includes examples and a practical framework.

October 20, 2015

What is Gross Margin?

Gross margin is a key financial metric that measures the percentage of revenue left after direct costs. Many companies define it differently, leading to confusion. This post explains what gross margin is, how to calculate it, and why it’s essential for business viability. With clear examples and practical insights, this guide helps employees understand how their actions impact a company’s financial health.

September 8, 2015

What is Days Sales Outstanding?

DSO measures how long it takes customers to pay after being invoiced. Learn how to calculate it, why it impacts cash flow, and how reducing it can improve your business.

August 1, 2014

Business Acumen: Supply and Demand in action

Supply and demand isn’t just theory—it’s reality. When demand surges, prices rise, whether it’s for products or labor. The oil boom in Williston, North Dakota, is a perfect example. In Income|Outcome, participants experience these dynamics first-hand—before encountering them the hard way.