Investopedia / Zoe Hansen The total cost of ownership (TCO) is the purchase price of an asset combined with the ongoing costs of operation. Assessing the TCO means examining the product's overall ...

A prime cost is the total direct cost of production ... services involves many different kinds of expenses, the prime cost ...

The total cost of the fund is divided by the fund ... resulting in a lower TER. Below is the formula and the steps to calculate the TER: To calculate the TER: Operating expenses, or operating ...