Do you want BuboFlash to help you learning these things? Or do you want to add or correct something? Click here to log in or create user.



#costs #finance #investopedia
What is an 'Explicit Cost'

An explicit cost represents clear, obvious cash outflows from a business that reduce its bottom-line profitability. This contrasts with less-tangible expenses, such as goodwill amortization, which are not as clear cut regarding their effects on a business's bottom-line value. Good examples of explicit costs would be items such as wage expense, rent or lease costs as it is easy to see the source of the cash outflow and the business activities to which the expense is attributed.

If you want to change selection, open document below and click on "Move attachment"

Explicit Cost Definition | Investopedia
Loading the player... <span>What is an 'Explicit Cost' An explicit cost represents clear, obvious cash outflows from a business that reduce its bottom-line profitability. This contrasts with less-tangible expenses, such as goodwill amortization, which are not as clear cut regarding their effects on a business's bottom-line value. Good examples of explicit costs would be items such as wage expense, rent or lease costs as it is easy to see the source of the cash outflow and the business activities to which the expense is attributed. BREAKING DOWN 'Explicit Cost' An explicit cost is an expense that has occurred and has a clearly defined dollar amount. These expenses are incurred


Summary

statusnot read reprioritisations
last reprioritisation on suggested re-reading day
started reading on finished reading on

Details


Discussion

Do you want to join discussion? Click here to log in or create user.