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What is the basic financial equation for businesses?
Revenue-expenses= profit or loss. Hope this helps!(:
A total of twenty two thousand was invested a profit of seven percent was made on the first and two percent on the second investment total profit was nine hundred twenty what was the amount of each?
x + y = 22000 {equation 1} [where x & y are the 2 investments] 1.07x + 1.02y = 22920 {equation 2} [after the profit was made] Multiply equation 1 by 1.07 1.07x + 1.07y = 23540 {equation 3} {equation 3} - {equation 2} 1.07x - 1.07x + 1.07y - 1.02y = 23540 - 22920 0.05y = 620 y = 12400 Sub this into {equation 1} x + 12400 = 22000 x = 9600 The original investments were $9600 and $12400 respectively.
What do the numerals mean in an equation?
Numerals are what MAKE the equation.
What does profit mean in math terms?
profit = selling price - (cost of buying + overheads)
What does solve an equation mean?
an equation is a number sentence with and = sign
What is the general equation for income?
Profit-Cost=Income
How can you apply mathematical equation in business?
Profit = total revenue - total costs is the fundamental mathematical equation for business.
What would be the equation if I was to aim for highest sales made instead of profit?
There would be no sensible equation: it would be sales = ∞
What relationship is there between the accounting equation and the balance sheet?
The relationship between the accounting equation and the balance sheet is the NET PROFIT. ( I THINK :/ )
What do you mean by cash profit?
Cash profit means profit after tax plus depreciation.
What is the basic financial equation for businesses?
Revenue-expenses= profit or loss. Hope this helps!(:
What does monthly profit mean?
a monthly profit means to make a profit every month in a company.
What does profit margin mean?
Profit margin means the amount of profit you make measured in a percentage. This can include:Gross Profit marginNet Profit marginMarkup Profit margin
A total of twenty two thousand was invested a profit of seven percent was made on the first and two percent on the second investment total profit was nine hundred twenty what was the amount of each?
x + y = 22000 {equation 1} [where x & y are the 2 investments] 1.07x + 1.02y = 22920 {equation 2} [after the profit was made] Multiply equation 1 by 1.07 1.07x + 1.07y = 23540 {equation 3} {equation 3} - {equation 2} 1.07x - 1.07x + 1.07y - 1.02y = 23540 - 22920 0.05y = 620 y = 12400 Sub this into {equation 1} x + 12400 = 22000 x = 9600 The original investments were $9600 and $12400 respectively.
What does profit-free mean?
== == ) =] =( =[ ===
How do you calculate profit loss?
The basic equation goes: Gross Revenues - (Operational Costs + Cost of Goods Sold + Payroll + Depreciation/Amortization + Taxes) = Profit or (Loss)
A company produces and sells q units of its product The variable cost is 24 per unit and fixed costs are 80000 and the selling price is 32 per unit What is the profit equation?
price (32)= 80000 + 24X by using above equation profit can be calculated.
