Everyone in trucking talks about cost per mile. And yes, it matters. But if that’s the only metric you’re tracking, you’re ...

Working parents often face extra expenses, such as summer day camp for their children. Many people don't know they might ...

Debts and loans can become a serious problem that interferes with a calm life and financial stability. Accumulated debt obligations can cause stress, interfere with achieving goals and even affect ...

Assuming a 3.5% down payment and excluding tax and insurance, the typical payment at today’s 6.67% mortgage rate on a ...

Key Takeaways Crypto profits in India are taxed at 30%, plus 4% cess. 1% TDS applies on every sale or trade, even if you're ...

A good rule of thumb is to spend no more than 30% of your gross income on rent. That means if you earn $5,000 per month ...

What is total expense ratio? According to the Sebi (Mutual Funds) Regulations, 1996, Mutual Funds are allowed to charge certain operating expenses for managing a mutual fund scheme. These expenses ...

To demonstrate, we can calculate a company's total expenses based on its total revenue from the income statement and its owners' equity from the balance sheet. Image source: Getty Images.

Sometimes, though, you want to know the cost of debt to calculate a cost of capital ratio. To do so, just divide the pre-tax cost of debt by total debt outstanding.

The total revenue is now 5,000 x $55, or $275,000, and the total cost is 5,000 x $17, or $85,000. The new model then yields a gross profit of $190,000 and a gross profit margin of 69%.