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A cost-plus contract is a contract that pays a contractor for its allowed expenses, plus a fee or profit. Learn about the history, types, usage, advantages and criticism of cost-plus contracts, especially in the U.S. government and defense sectors.
A coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond. Learn about the history, valuation, and types of bonds, including zero-coupon bonds that pay no coupons and have a price less than their face value.
Learn about the factors that make a planet or a satellite potentially hospitable to life, such as energy sources, liquid water, organic molecules, and stellar characteristics. Explore the history, methods, and discoveries of planetary habitability research and exoplanet detection.
The first Fed rate cut in four years is just around the corner, and while the year's highest rates on certificates of deposit are easing down, this weekend is good timing for a closer look at ...
One recent study published in the American Journal of Preventive Medicine found that getting only five hours of sleep per night can raise the risk of dementia by 30% for people 50 and older.
Learn about the accounting concept of lower of cost or market (LCM), which is a conservative approach to valuing and reporting inventory. Find out its history, challenges, and contemporary usage, as well as related terms and references.
Costco is an American multinational corporation that operates a chain of membership-only big-box warehouse club retail stores. It was founded in 1983 by former Price Club executives and merged with Price Club in 1993, becoming the third-largest retailer in the world.
Target costing is an approach to determine a product's life-cycle cost that ensures its desired profit. It involves setting a target cost by subtracting a desired profit margin from a competitive market price, and decomposing it from product level to component level.
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