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Imputed cost definition

Accounting Tools

Related Courses Cost Accounting Fundamentals What is Imputed Cost? Imputed cost is the cost incurred during the period when an asset is employed for a particular use, rather than redirecting the asset to a different use. This amount is the incremental difference between the two options.

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Prime rate definition

Accounting Tools

The prime rate is based on the cost of money for banks, which is derived from the federal funds rate, which is set by the Federal Reserve Bank. Related Articles Calculating the Weighted Average Interest Rate Effective Interest Rate How to Calculate the Implied Interest Rate Imputed Interest Rate Nominal Interest Rate Stated Interest Rate