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What is the formula for converting profit percent to profit?
Profit = (profit percentage / 100) x gross income
Can congruent figures be similar figures?
All congruent figures are similar figures, and have identical sizes.
Sell price is 2602.58 cost price is 2090.42 what is the profit?
The basic formulas for profit are represented as follows: Profit = Price - Cost % Profit = Profit / Cost So, if an item sold for 2,602.58 and cost 2,090.42, the profit (absolute) is : Profit = 2,602.58 - 2,090.42 = 512.16 The % profit (relative to the cost) is: % Profit = 512.16 / 2,090.42 = 24.5%
What are 3 dimensional figures?
3dimentional figures are solid figures.
What the heck are congruent figures?
Congruent figures are figures that have the same size and shape.
In contract costing profit can be recognised only when the contract is completed?
In contract costing, the profit is only guaranteed when the actual contract is completed because the prices keep changing. There is usually a slight variation between projected profit and the actual figures.
Where can you find sales figures for public companies?
Balance sheet and Profit and Loss statements of Public listed companies are available to general public for review. You can also request for full information, or buy it from the related government departments. Sales figures can be found in the Profit and Loss statement of a public company.
What is a derived attribute?
A derived attribute's values is derived from other attribute. It is a figure that relies on other figures to form an answer, like figuring out profit from a sale.
What has the author Cyril Joseph Anson written?
Cyril Joseph Anson has written: 'Profit from figures' -- subject(s): Industrial management, Mathematical models, Statistical decision
Recent figures show that most caterers have a profit margin of?
I'm not an expert but I have a cafe and when I started my business advisor told me the average was about 65% - if you can get above that you are doing well. Just to clarify, to get your percentage profit figure, you do the following Gross takings eg £100,000 minus the money spent on Purchases £30,000 gives a gross profit of £70,000 Divide the gross profit by the gross takings and times by 100 to get your percentage profit figure - 70,000 divided by £100,000 = 0.7 times by 100 = 70%
Explain how do you measure the value of the return on Goodwill in terms of income and expenses?
One way I can think of is: Income - Expenses = Profit (These figures can be found in the Profit and Loss statement) Now substitute the profit figure into the following equation: Profit / Goodwill = Return on Goodwill (The goodwill figure can be found in the Balance Sheet) So even though a brand may be perceived as very strong, if the carying value of the goodwill is very high then the return on goodwill will be lower.
Is it good if a company's annual sales go up while the gross profit margin goes down and the net profit figures go down also what does this mean for the company?
If company sales are increasing but gross profit as well as net profit is declining, it means that sales are not increasing as rapidly as company costs and expenses are increasing. A thorough review should be conducted to analysis the situation and selling price should be adjusted according to increase in cost prices.
What is the need for virgin aims and objectives?
So they can mass produce there products be known on a national scale and make there scale and profit figures go through the roof. That's generally what I think.
Suppose the probably of rain is 50 percent what profit can the concession stand expect to make?
If the probability of rain is 50 percent, the concession stand can expect to make a profit that reflects both scenarios: one where it rains and sales are lower, and one where it doesn't rain and sales are higher. To calculate the expected profit, the stand would need to estimate profits for each scenario, multiply those by their respective probabilities (50% for each), and then sum the results. Without specific profit figures for rainy and sunny conditions, the exact expected profit cannot be determined.
How do you determine the missing figures Fixed costs 50000 Variable Costs 70000 Sales Contribution margin Contribution ratio 30 percent Net profit or loss before tax?
Sales 100000Less:Variable cost 70000Contribution margin 30000 30% of salesLess:Fixed Cost 50000Net profit or loss -20000
Why were bernard m baruch and george creel significant historical figures?
George creel was a chairman committee on public information, while bernard baruch wrote a pamphelet:"taking the profit out of war"
Is Mcdonalds a non-profit or profit?
Starbucks is a for profit company.
