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It serves as a reference to develop the company",[],{"_key":1198,"_type":170,"children":1199,"markDefs":1204,"style":190},"k8",[1200],{"_key":1201,"_type":174,"marks":1202,"text":1203},"k7",[],"As a business owner, you should observe and analyze your income statement by calculating the gross margin at the end of each month. Your company can then tell which expenditures are more significant.",[],{"_key":1206,"_type":170,"children":1207,"markDefs":1212,"style":190},"k11",[1208],{"_key":1209,"_type":174,"marks":1210,"text":1211},"k10",[],"If an expenditure is urgent and important for the company's operations, then that expenditure must take precedence. 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