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What else can I help you with?
How do i calculate percent profit?
The answer will depend on profits as a percentage of what! As a percentage of revenue, it would be 100*(Total Revenue - Total Costs)/Total Revenue In example (as given in discussion page) Total Revenue = 236,000 Total Costs = 173,000 Total Profit = Total Revenue - Total Costs = 63,000 So percentage profit = 100*63,000/236,000 = 26.7% (approx).
What is the formula for finding a firm's profit?
Total Profit = Total Revenue minus Total Costs.
What is a profit of 12 dollars?
An excess of total revenue over total costs amounting to 12 dollars.
A family spends 20 percent of there monthly income on food 23 percent on rent 42 percent on other exspenses and saves the balance if the family saves 360 per month what is it's monthly income?
The family is spending 20 + 23 + 42 = 85 % of their income each month.As such the 360 saved is 15 % of their monthly income.Therefore monthly total income = 360/15 x 100Monthly income = 2400
What is the formula for calculating total cost?
well if your talking about the total cost in economics, than it would be profit=TC-TR TR- total revenue TC- Total cost
How do you you calculate total revenue percentage?
You can calculate the total revenue percentage by substituting the variable X for the monthly revenue, the variable Y for the period of time, and then multiple these to solve for the total revenue percentage.
Are total sales and total revenue the same thing?
Total sales and total revenue are slightly different. Revenue is any type of money or income that is coming into the company, which may not always be a form of sales. Sometimes a company or business may receive revenue from investments, which is different from when it is selling an item. Sales are a part of a company's total revenue.
What is incremental concept?
The Incremental concept is estimating the impact of a business decision on costs and revenues, tressing the changes in total cost and total revenue that result from changes in prices, products, rocedures, investments, or whatevrmay be at stake in the decision. The two basic concepts in this analysis are incremental cost and incrementa revenue. 1.The change in total cost resulting from a decision. 2.The change in total revenue resulting from a decision.
Is total sales and the total revenue same thing?
Not always. There are sources of revenue other than sales. For example, a company with considerable cash assets may have some revenue from interest.
How do you calculate total revenue?
To calculate total revenue you simply multiply the quantity by the price. Total revenue includes expenses; therefore, total revenue isn't the same as profit.
If dividend income is 8500 and Interest Expense is 6250 what is the total for Other Revenues and Expenses?
1. Other revenue n expenses = dividend income - interest expese Other revenue and expense = 8500 - 6250 Other revenue = 2250
How do you calculate total room revenue?
how do calculate total of rooms revenue
How can one determine marginal revenue from total revenue?
To determine marginal revenue from total revenue, you can calculate the change in total revenue when one additional unit is sold. This can be done by finding the derivative of the total revenue function with respect to the quantity of units sold. The resulting value will give you the marginal revenue at a specific quantity level.
Total revenue and total cost curves?
total cost= total revenue, it is the same thing in different name.
How do i calculate percent profit?
The answer will depend on profits as a percentage of what! As a percentage of revenue, it would be 100*(Total Revenue - Total Costs)/Total Revenue In example (as given in discussion page) Total Revenue = 236,000 Total Costs = 173,000 Total Profit = Total Revenue - Total Costs = 63,000 So percentage profit = 100*63,000/236,000 = 26.7% (approx).
How can one determine the total revenue from marginal revenue in a business setting?
To determine total revenue from marginal revenue in a business setting, you can multiply the marginal revenue by the quantity of goods or services sold. This will give you the total revenue generated from each additional unit sold.
What is The Total Revenue Rule?
if a price cut decreases total revenue, demand is elastic. if a price cut decreases total revenue, demand is inelastic. if a price cut leaves total revenue unchanged, demand is unit elastic.
