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How to Find Marginal Revenue
According to basic economic principles, if a company lowers the price of its products, then that company can sell more products. However, this will generate less profit for each additional item sold. Marginal revenue is the increase in revenue from the sale of an additional unit of output. Marginal revenue can be calculated using a simple formula: Marginal revenue = (change in total revenue)/(change in units sold). Continue reading
How to earn fast
Do you urgently need money? There are several ways to quickly earn extra money. Such ways are: selling personal items, doing odd jobs and earning money in ways that you have not thought about before. The methods described may or may not work for long-term income, but they are great if you need to earn money within a few hours or days.
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Sale of personal items Continue reading
How to calculate debt service payments
Debt service is the periodic (usually annual) payment of accrued interest and part of the principal amount of the debt. When applying for a loan, companies are required to disclose debt servicing data. Based on the amount of debt service payments and the amount of net income, investors calculate the debt service ratio, which is the percentage of net income that goes to repay the loan.
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Calculating Debt Service Payments Continue reading