Q: What does subtracting costs from revenue?

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Profit is calculated by subtracting costs from revenue.

Revenue is important because it tells you how much money overall is coming into the business and after subtracting the costs you can see what your overall profit is.

profits

Total revenue is calculated by multiplying the price of the product sold by the quantity sold. PQ = R. Total profit is total revenue minus costs incurred. R-C = P

The answer will depend on what you are subtracting! The answer will depend on what you are subtracting! The answer will depend on what you are subtracting! The answer will depend on what you are subtracting!

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Profit is calculated by subtracting costs from revenue.

profit

yes

True

Revenue is important because it tells you how much money overall is coming into the business and after subtracting the costs you can see what your overall profit is.

I believe so. Net Income is equal to the income that a firm has after subtracting costs and expenses from the total revenue.

Profit is calculated by subtracting operating costs from gross revenues.

Net Income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. It can refer to the total of all the flows involved or to only a subset of those flows.

Profit

Profits will be maximized when marginal revenue is equal to marginal costs. This will only happen in cases where there are fixed costs.

Amount of revenue that is needed to cover all of the fixed costs.

15%