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Cost of a product before profit is added - what is this called?
Wiki User
∙ 14y ago
This is called cost price. Companies buy stock at cost price then add their profit and sell at retail price.
Wiki User
∙ 14y ago
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How find net profit in business?
Net Profit is placed in the Credit Side of the Profit & Loss A/c. of the Company and added to the Capital in the Asset Side of the Balance Sheet.
Why it might be desirable for a firm to have higher added-value products?
to establish a brand name for example nike shoes have a high added value. if the demand for the product of a firm suddenly soars due to some influencial events (example:the demand for the design of shades worn by psy suddenly soared after his mv gangnam style became famous) the firm can add higher added value and benefit when this kind of senario is witnessed to benefit as much as possible before the heat turns off. higher added value gives a sense of luxury goods and people buy it either to show off or because they like the product but either way the sales go up. if a firm has higher added value it can pay all the expenses such as wages, rent etc and still earn more profit(if it can add value without increasing cost.) and is successful in profit satisfying. if a business can add value that is much greater than the cost of production the business is said to be successful.
What is the difference between inputs and outputs in business?
Every production company adds value to the material it purchases in order to sell those at a profit. Thus inputs are everything necessary to add value to a product and outputs are the products that can be sold after the value has been added.
What a number being added to another number?
A number being added to another number is called an addend. The total of the numbers added together is called the sum.
Who pays for compliance with government regulations?
The (consumer) of the product. Companies must pass on the added cost of government regulation/compliance to the products they sell or manufacture, therefore the end user will pay the added cost.
How do business calcuate prices in order to make a profit?
Cost of prouction of the product (including the administration of it) plus the percenatge required to be added to make an acceptable profit.
What is it called when nutrents are added to a food product?
when excess nutrient are added to a food product they are called additives.They are known as additives as theyare added the foods.Some additives can also be used to preserve food and give more taste.
Is tax is added in accounting profit or not?
1. Tax is a deductable item from accounting profit as tax is calculated on profit before tax amount to reach at profit after tax account which is also the net profit available for distribution to share holders of company.
What is The added value that marketing adds to a product is called?
dasf
Difference between Value added and profit?
value added is cool thing but profit is not really cool
Costs that are treated as assets until the product is sold are called?
Costs that are treated as assets until the product is sold are called product costs. The costs are added to the inventory, and the expense is recognized when the inventory is purchased.
What is the difference between gop and ebitda?
The GOP (Gross Operating Profit) is the profit left after operational costs have been deducted. EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) is the amount of profit with those items in its acronym added back into it.
Why net profit added in capital?
Net profit of current fiscal year added in capital because it is part of owners capital because owners have invested capital to earn profit.
How do you calculate profit when quantity is added?
blahblahblah
What is the number being added in a multiplication problem called?
Numbers in a multiplication problem aren't added. In a multiplication sentence, the multiplicand times the multiplier equals the product.
Is the discount received added gross profit as income?
yup it is as it is an income so we add it in the gross profit....
What is product when zinc added to carbon dioxide?
what is product when zinc added to carbon dioxide?
