The expanded accounting equation builds upon the basic accounting equation's use of assets, liabilities and equity by incorporating additional components such as revenues, expenses and withdrawals.

Consumer surplus is the amount exceeding an equilibrium price the consumer is willing to pay. The equilibrium price is an idealized price, in which the demand for the good equals its supply. If the ...

An algebraic equation contains one or more letters in it. Each letter in the equation is called a variable. A variable can change in value. We guess at different values for each letter until our ...

As a spreadsheet software program, Microsoft Excel has many useful features for a small business's productivity. Chief among these is the ability to use formulas to make various calculations with the ...

Any straight line graph has a constant gradient, which is calculated by the change in 𝑦 divided by the change in 𝑥, along any section of the graph. The gradient is measuring the steepness of the ...

When a multiwage employee works overtime, which of their wage rates do you base their overtime rates? Blended overtime pay ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Getty Images / juststock The forward ...

The Gordon model allows for the fact that the market might put a price on a stock that's different from what you might estimate using the equation above. A higher stock price than predicted implies a ...