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What else can I help you with?
What is the basic financial equation for businesses?
Revenue-expenses= profit or loss. Hope this helps!(:
A total of twenty two thousand was invested a profit of seven percent was made on the first and two percent on the second investment total profit was nine hundred twenty what was the amount of each?
x + y = 22000 {equation 1} [where x & y are the 2 investments] 1.07x + 1.02y = 22920 {equation 2} [after the profit was made] Multiply equation 1 by 1.07 1.07x + 1.07y = 23540 {equation 3} {equation 3} - {equation 2} 1.07x - 1.07x + 1.07y - 1.02y = 23540 - 22920 0.05y = 620 y = 12400 Sub this into {equation 1} x + 12400 = 22000 x = 9600 The original investments were $9600 and $12400 respectively.
What do the numerals mean in an equation?
Numerals are what MAKE the equation.
What does profit mean in math terms?
profit = selling price - (cost of buying + overheads)
What does solve an equation mean?
an equation is a number sentence with and = sign
How can one determine the profit equation for a business or investment opportunity?
To determine the profit equation for a business or investment opportunity, one must subtract the total costs from the total revenue generated. The profit equation is expressed as Profit Revenue - Costs. This equation helps in analyzing the financial performance and potential profitability of a business or investment.
What is the general equation for income?
Profit-Cost=Income
How can you apply mathematical equation in business?
Profit = total revenue - total costs is the fundamental mathematical equation for business.
What would be the equation if I was to aim for highest sales made instead of profit?
There would be no sensible equation: it would be sales = ∞
What relationship is there between the accounting equation and the balance sheet?
The relationship between the accounting equation and the balance sheet is the NET PROFIT. ( I THINK :/ )
what-A t-shirt company sells two types of shirts. Its average daily profit can be modeled by the equation 8x + 12y = 832.A soil company sells two types of topsoil. Its average daily profit can be modeled by the equation 16x + 24y = 1,664?
The t-shirt company's average daily profit equation is 8x + 12y = 832. The soil company's average daily profit equation is 16x + 24y = 1,664. These equations represent the profit generated from selling x units of the first type and y units of the second type of product for each company.
What do you mean by cash profit?
Cash profit means profit after tax plus depreciation.
What does monthly profit mean?
a monthly profit means to make a profit every month in a company.
What is the basic financial equation for businesses?
Revenue-expenses= profit or loss. Hope this helps!(:
What does profit margin mean?
Profit margin means the amount of profit you make measured in a percentage. This can include:Gross Profit marginNet Profit marginMarkup Profit margin
What does profit-free mean?
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A total of twenty two thousand was invested a profit of seven percent was made on the first and two percent on the second investment total profit was nine hundred twenty what was the amount of each?
x + y = 22000 {equation 1} [where x & y are the 2 investments] 1.07x + 1.02y = 22920 {equation 2} [after the profit was made] Multiply equation 1 by 1.07 1.07x + 1.07y = 23540 {equation 3} {equation 3} - {equation 2} 1.07x - 1.07x + 1.07y - 1.02y = 23540 - 22920 0.05y = 620 y = 12400 Sub this into {equation 1} x + 12400 = 22000 x = 9600 The original investments were $9600 and $12400 respectively.
