The world of microeconomics and business decision-making hinges upon a key concept: marginal cost. In the simplest terms, marginal cost represents the expense incurred to produce an additional unit of ...

As investors, it’s important for us to understand both accounting and economic concepts, like the equilibrium level of income -- it makes us better at choosing good companies that can go the distance.

The debt service coverage ratio (DSCR) is used in corporate finance to measure the amount of a company’s cash flow available to pay its current debt payments or obligations. The DSCR compares a ...