answersLogoWhite

0


Best Answer

Revenue-expenses= profit or loss. Hope this helps!(:

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the basic financial equation for businesses?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Do the basic elements of financial accounting apply to all businesses?

hire purchase system


What is Basic concept of business studies?

the study of how businesses work, especially the financial and management aspects


Who is Ranger Financial Services?

Ranger Financial Services is a Texas-based financial organization that works with businesses to collect money from other businesses.


What are some financial derivatives?

A financial derivative is merely a contract, or a financial agreement between two companies or businesses. Some such examples are basic agricultural futures contracts. A farmer would benefit if the price goes down after his sales as he would be protected.


What are the 13 basic features of financial accounting?

13 basic features of financial accounting?


What is industry sector?

Industry sector is a category of businesses (industry) like metal businesses, oil businesses, financial businesses, etc.


Identify two sources of advice and assistance in small businesses?

financial and non-financial


What are the ethical issues of financial accounting?

People leak disclosed financial information about the businesses


What are the basic financial decisions?

basic financial decisions are three type: 1. Financial Decisions, 2.Investment Decisions, 3.Dividend Decision.


In the financial system who are the borrowers?

households, individuals, and businesses


Who are the borrowers In the financial system?

households, individuals, and businesses


What Challanges are faced by financial managers?

Financial managers must examine whether projects are a good risk for businesses. They must also examine what investments are good for businesses.