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Profit is calculated by subtracting costs from revenue.
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The amount of money earned after subtracting the costs associated with that earning is known as?
profits
How do you calculate profit maximizing price?
The answer depends on what information you have about profits per units sold, or on the costs and revenues per unit.
When other factors are constant what is the effect on profits of an increase in fixed costs Of a decrease in variable costs?
From the perspective of the income statement and profits, there is no difference between bucketing costs in variable or bucketing them in fixed. The operating profit line of the income statement takes both costs into account so that an increase in one with an offsetting decrease in another will have zero impact to profits. Issue related to bucketing of certain items are normally internal discussions for a business and relate to various scorecards or metrics of interdepartmental performance. In most businesses there are separate mgrs and depts responsible for variable cost and fixed costs so the debate over where to bucket certain items is driven by whose scorecard they fall onto and ideally costs should be bucketed internally onto the scorecard of the mgr/dept with the greatest ability to influence those costs.
What happens to tens digit and the ones digit when you subtract?
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!
Why is revenue important to all business's?
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.
Profit is calculated by subtracting costs from?
Profit is calculated by subtracting operating costs from gross revenues.
The amount of money earned after subtracting the costs associated with that earning is known as?
profits
Profit is calculated by subtracting from revenues.?
Profit is calculated by subtracting __costs__ from revenues. Apex answers
What are the main elements in calculating cost of capital How would an increase in debt affect the cost of capital How would you identify the optimal cost of capital for an organization?
Capital is calculated by subtracting the business costs from the profits gained from products and services. An increase in debt would decrease the total capital by increasing business costs. The optimal cost of an organization is low debt and high credits.
How can one determine and calculate economic profit in a business?
To determine economic profit in a business, subtract total costs (including both explicit and implicit costs) from total revenue. Economic profit is calculated by subtracting all costs, including opportunity costs, from total revenue.
Accounting profits are typically?
greater then economic profits,as accounting profits do not include implicit costs
Subtracting costs from revenue calculates?
profit
Profits will be maximized when marginal revenue?
Profits will be maximized when marginal revenue is equal to marginal costs. This will only happen in cases where there are fixed costs.
How do you calculate economic profit and what factors are considered in determining it?
Economic profit is calculated by subtracting both explicit costs (such as wages and rent) and implicit costs (such as opportunity costs) from total revenue. Factors considered in determining economic profit include production costs, revenue generated, and the value of alternative opportunities foregone.
How are net exports calculated?
by subtracting a country's imports by the exports
What are factors that affect a businesses profit?
Business profits are impacted by several factors. One important one is the taxes it must pay. Another is operating costs. The impact of its competitors also affects profits. Profits are also impacted by salary costs.
Is Economic profit is found by subtracting accounting costs from total revenue?
yes
