Opportunity cost is one of the key concepts in the study of economics and is prevalent throughout various decision-making processes. The| Corporate Finance Institute
A principal payment is a payment toward the original amount of a loan. A principal payment is one made on a loan that reduces the remaining loan amount due.| Corporate Finance Institute
Ancillary revenue is income a company generates from selling goods and services that are not a primary revenue stream or core business| Corporate Finance Institute
Variance analysis can be summarized as an analysis of the difference between planned and actual numbers. The sum of all variances gives a| Corporate Finance Institute
VBA stands for Visual Basic for Applications. Excel VBA is Microsoft’s programming language for Microsoft Office programs, like Excel, Word, and PowerPoint.| Corporate Finance Institute
Gross means the total or whole amount of something, whereas net means what remains from the whole after certain deductions are made. This guide will compare gross vs net| Corporate Finance Institute
The revenue recognition principle dictates the process and timing by which revenue is recorded and recognized as an item in a company's| Corporate Finance Institute