Operating Expense Definition and How It Compares to Capital Expenses.

Operating expenses are those expenses incurred in the day-to-day operations of a business. They include things like rent, utilities, payroll, and office supplies. Operating expenses are different from capital expenses, which are costs incurred in the acquisition or improvement of long-term assets. Capital expenses are typically not deductible for tax purposes, while operating expenses usually … Read more

Modified Internal Rate of Return – MIRR Definition.

Modified Internal Rate of Return – MIRR is a financial metric used to evaluate the profitability of an investment or project. The MIRR takes into account the time value of money and reinvestment rate of return, making it a more accurate measure of true project profitability than the traditional Internal Rate of Return (IRR) metric. … Read more