**Finance Formulas** / May 5, 2018 / Chanel Cleveland

read moreCross Price Elasticity of Demand (XED) is the responsiveness of demand for one good to the change in the price of another good. It is the ratio of the percentage...

**Finance Formulas** / August 5, 2018 / Avalynn Orr

read moreEconomic profit is the difference between the revenue a firm earns from sales and the firm’s total opportunity costs. It’s important to distinguish between accounting profit and economic profit. Accounting...

**Finance Formulas** / August 5, 2018 / Briana Leonard

read moreAccounting ratios, also known as financial ratios, are used to measure the efficiency and profitability of a company based on its financial reports. They provide a way of expressing the...

**Finance Formulas** / August 5, 2018 / Kenley Hopper

read moreThe break-even point (BEP) in economics, business—and specifically cost accounting—is the point at which total cost and total revenue are equal. There is no net loss or gain, and one...

*Finance Formulas* / August 4, 2018 / Alia Marquez

read moreAccounts receivable, inventory, prepaid assets and certain investments are not included in the cash ratio. These items may require time and effort to find a buyer in the market. In...

__Finance Formulas__ / August 4, 2018 / Aniyah Booth

read moreGenerally speaking, the higher the asset turnover ratio, the better the company is performing, since higher ratios imply that the company is generating more revenue per dollar of assets. The...

*Finance Formulas* / August 4, 2018 / Alia Marquez

read moreThe annuity payment formula is used to calculate the periodic payment on an annuity. An annuity is a series of periodic payments that are received at a future date. The...

__Finance Formulas__ / August 5, 2018 / Alia Marquez

read moreWhen the cross elasticity of demand for product A relative to the change in the price of product B is negative, it means that the quantity demanded of A has...

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