Post-production cost deductions are a common source of royalty litigation. Local lease-interpretation rules determine whether particular deductions are proper and defensible in court. Different ...

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 ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The calculation uses the bonding levels for a p-year future time horizon based on data collected from a time no longer than p-years, and vice versa. For example, if the only cost data available are ...

Discover essential methods for calculating business costs and their tax implications. Learn how accountants and producers ...