These developments and additions to the company help create revenue in their own way. .
The Target Corporation, like any other business, wouldn't be able to function without math. Math is of great importance in the world of business today. Whether you are dealing with profit and loss statements or you"re .
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dealing with graphs or taxes the business world revolves around math. The smallest task could not be complete without math such as totaling an order, adding tax to an item, or simply paying for an item. Math plays important roles in various areas in order to run a business. One example of how math plays a role in businesses is the .
fluctuation of prices or goods that the company sells. A successful business uses math to determine how much to .
raise or lower prices. As for Target, depending on how a product sells, prices may increase or decrease to produce profit. In order to figure out what products are selling and making profit both math and bookkeeping can be used. Keeping these books up to date also require math. Profit and loss statements circle around math. When a company keeps records they keep track of busy or slow periods to know how products are selling and to know when and how much to reorder if needed. Your bookkeeping records show exactly when the company made profit and exactly when the company had a loss. After a loss or profit, owners of the company can use math to figure out what was working for them and what wasn't working for them. In situations like these, equations are used to calculate how much of a product is needed. For many businesses, the main objective .
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is "to turn profit". With math you can tell exactly how profitable and how productive your company has been. You can also calculate the steps needed to keep that company successful. .
Other ways that math is used in businesses is to calculate expenses such as, the cost of products, .
advertising, and employee wages.
