Discover how the Irrelevance Proposition Theorem explains debt's impact in corporate finance, its origin by Nobel-winning economists, and insights into its real-world applications.

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 ...

A woman said Dec. 1 that she had been driving around with a man she met outside of a store in East Cleveland a few days earlier and he only recently let her out of the car. She said she had been using ...

NPV calculates profitability using all projected cash inflows and outflows, considering time value of money. A positive NPV suggests a profitable project; a negative NPV suggests a loss. NPV's ...

If you're looking for investors or want to sell your business, you must determine its value. Follow these four steps to calculate it. Most entrepreneurs put their hearts into their businesses; but, ...

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. The idea of a value-added tax (VAT) is a foreign concept to most Americans. That puts us in the minority, ...

On the 12 June, Air India flight 171 from Ahmedabad to London crashed less than a minute after take-off, killing 241 people on board and 19 on the ground. The preliminary report, published by India's ...