What Is Prime Cost? Definition, Formula, Calculation, and Purpose

What Is a Prime Cost? Prime costs are a firm’s expenses directly related to the materials and labor used in production. It refers to a manufactured product’s costs, which are calculated to ensure the best profit margin for a company. The prime cost calculates the direct costs of raw materials and labor that are involved in…

Lowe’s Misses on Revenue and Fails to Hold Value Levels

Lowe’s Companies, Inc. (LOW) reported mixed earnings results when it disclosed quarterly numbers on Feb. 26. The home improvement giant beat earnings per share (EPS) estimates but missed on revenue. Lowe’s shares set an all-time intraday high of $126.73 on Feb. 20 and then crashed on the disappointing results. The stock initially held its quarterly…

Top 10 series that make people look better, there’s a little abuse

Historical series and other biopics are hot. Even if they regularly contain a few errors, like one or two anachronisms that would make historians cry, it’s still one of the best ways to get people interested in History (even the most recent). Only, they often fall into a big mistake by casting actors and actresses…