What Is Residual Income? Definition and How to Have It

What Is Residual Income? Definition and How to Have It

Residual income is a term that has slightly different meanings depending on the context. It has a specific meaning when used in the finance and management accounting fields. It has a different meaning when referring to personal investment opportunities, which are...
Perpetuity: Definition, Explanation, and Examples

Perpetuity: Definition, Explanation, and Examples

In the world of finance and investment we hear many terms, but do we truly know what they mean?Perpetuity is one of them. This article aims to clarify what this term means, and what place it has in the world of finance and investment. Quick NavigationDefinition of...
What is Marginal Cost

What is Marginal Cost

What is Marginal Cost? Definition and CalculationMarginal cost is a concept commonly used in business. It is used to determine the best production quantity that adds the least cost to producing extra units. Calculating marginal costs is a vital aspect to doing...
How to Calculate and Log Accounts Receivable

How to Calculate and Log Accounts Receivable

Accounts receivable is a record of any money that is owed to your business.Allowing customers to purchase goods or services on credit can help to drive sales. Accounts receivable help you keep track of the credit you extend to customers. Once you invoice your...