What is an Implicit Cost? Examples & Significance
Implicit costs are non-financial expenses arising from a company using a resource or asset it already owns instead of bearing a direct financial expense. Since…
Finance
Financial Tips to Lead a Successful Semi Retired Life
When we think about retirement, we tend to envision a specific future date on the calendar if we transition from high employment to full retirement…
Debentures vs bonds: Understanding the key differences
Be it a small company or a large corporation the need for money to keep things going is ever accepted. Borrowing is one of the…
How to Calculate Real GDP: The Complete Method
Economists often refer to gross domestic product when making predictions about inflation. It is a discussion that is brought up politically and serves as a…
How To Calculate Depreciation: Accounting Essentials
How to calculate depreciation and which method should apply to a particular asset is important to know. When most people hear the word depreciation, one…
Expansionary vs Contractionary Fiscal Policy
Contractionary fiscal policy is a fundamental cornerstone of the way governments function is to use fiscal policy as a way of trying to dictate the…
Consumer Protection: Why a Debt Validation Letter Is a Fundamental Piece of the Puzzle
When debt comes into the picture, consumers are often put in a difficult position. And once a debt collector gets involved, things get even more…
Know Your Debt to Asset Ratio, and You’ll Know Your Financial Risk
Let’s get straight into things. A debt to asset ratio is a very handy business feature that is sometimes referred to as simply ‘debt ratio’…
6 Types of Revenue Streams You Should Create for Yourself in 2021
Economic times are tough all over the world. The pandemic hit low-income and middle wealth earners alike with lost jobs and a struggling economy. Creating…
How to Use Market to Book Ratio to Evaluate a Company’s Market Value
Not many people are aware of the market to book ratio in determining a company’s current market value. This makes it difficult for them to…