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 ...

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 ...

An equation is a mathematical statement showing that two expressions are equal. The two expressions are linked with an equals symbol (=). The unknown variable (often the letter \(x\)) can take any ...

When the time comes to monitor emergence and development, consider the role heat measurement standards called growing degree days (GDDs), or growing degree units, play in the process. People think in ...

Intrinsic value estimates a stock's true worth, often differing from market price. Discounted cash flow analysis calculates intrinsic value based on predicted future cash flows. Using financial ...

To find an investment's interest rate, substitute price, face value, and duration into a formula. For T-bills, subtract purchase price from face value, divide by face value, adjust for term. Online ...

Need a little help getting through your next big math exam? MicroBlink has an app that could help you study more effectively -- perhaps too effectively. Its newly unveiled PhotoMath for iOS and ...