This video explains the concept of stagflation, and how businesses use the breakeven formula to manage higher costs and lower sales.
My 5th book: “34 Stories That Explain Personal Finance”, is available here.
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Stagflation, Best Buy, and Maintaining Profitability
Accounting Accidentally Podcast
Accounting and finance content- to solve problems. Also humor/short story posts. I'm a 4-time Dummies book author, speaker, and former CPA.
Accounting and finance content- to solve problems. Also humor/short story posts. I'm a 4-time Dummies book author, speaker, and former CPA.
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Ken Boyd
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