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What percentage of gross profit in an optometrist office should go to payroll?
Wiki User
∙ 11y ago
15 to 30%
Wiki User
∙ 11y ago
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How would you work this out geeta makes a cake for 2 and sells it for 2.50 what is her percentage profit?
Profit = Selling price - CostSo in this case: Profit = $2.50 - $2Profit = $.50Percentage profit = (profit/selling price) x 100So in this case: percentage profit = ($.50/$2.50) x 100Percentage profit = (.2) x 100Percentage profit = 20%Improved Answer:-It is: (2.50-2)/2 times 100 = 25% profit
How do you work out percentage profit?
Basically, percent profit is: (selling price - cost) / cost = decimal equivalent of percent profit Ex. If selling price was 4 dollars, and the cost was only 2 dollar, the percent profit is: ( 4 - 2 ) / 2 = 2/2 = 1.0 To convert the resulting decimal equivalent of the percent to an indicated percentage then multiply the value (here 1.0) by 100, or move the decimal point two places rightward. 1.0 = 100% The percentage profit was 100%
If a department makes a profit of 30 percent on a turnover of 85000 what percentage profit can be expected if overheads increase by 10000 but other factors remain unchanged?
18%
How do you find the percentage of change?
Percentage of change is basically used to find an increase or a decrease in a percentage from an originating point. Let's look at an example:On January 1st, 2012 our companies profit was $162,369. What is the percentage of increase or decrease if our companies profit was $126,639 on January 1st, 2011.Our formula: Increased (or Decreased) Value ÷ Initial Value x 100Let's go ahead and plug in our numbers.Initial Value: $126,639Increased Value: $162,369(162,369 ÷ 126,639) x 100 =1.282 x 100 = 128.21%So our companies profit increased 128.21% over the course of one year.
What ratio indicated the percentage of each sales dollar that is available to cover fixed costs and to provide profit?
Contribution margin ratio
What percentage of funds taken in for a non profit charity goes to payroll and what percentage goes to the charity purpose?
lovel widow
What is a realistic percentage for payroll costs in a small retail business?
A good goal would be 20 - 25% of Gross Profit (Sales - COGS). A realistic number might be 30%.
What is a realistic percentage for payroll costs in business?
i pay about 45% to my employees... and that's in a non-profit setting. So if your out to make money, you should pay anywhere from 25-35%.
How do you calculate Selling Price if you know Cost price and Profit percentage?
profit can be calculated from profit percentage and cost price.profit percentage=profit*100/cost price.profit=selling price-cost price
How do you find the profit and loss in percentage?
The answer depends on percentage of WHAT!
What does the net profit percentage show?
net profit percentage shows how much money is left, after paying expences from running the business, as a percentage.
What is the formula for converting profit percent to profit?
Profit = (profit percentage / 100) x gross income
A book is bought for R50 and sold for R80. What is the percentage profit?
Profit Formula Selling Price - Cost Price Profit Percentage Formula Profit Percentage = Profit/Cost Price*100 Selling Price80-Cost Price50=Profit30 30/50*100%=60%
I have net profit dollars how do you calculate net profit percntage?
(Net profit/Net Revenue) * 100 = Net Profit Percentage Ex: Net Revenue = 10,000 USD Expenditure = 7500 USD Profit = 2500 USD Profit Percentage = 2500/10000 * 100 = 25%
How do you put the payroll on a balance sheet?
Payroll expenses account goes to Profit & Loss account while Payroll payable is a Balance Sheet Liability item... Journal entry:Payroll Expense Account - DR ...........(P&L)Payroll Payable Account - CR ............(B/S)
What is the percentage of profit if I pay .25 and sell for 50.00?
It is 19900% profit!
What is a good gross profit percentage for a supermarket?
10 percentage
