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How can company increase revenue?
Reduce cost production
Why might a company have an increase in revenue and a fall in profits at the same time?
There has been a great increase in Cost of goods or expenses.
What is cost of revenue?
Cost of revenue is the amount spent to sell a company's products.
Business CAT cost of revenue in 2001 is 5266 the cost of revenue in 2002 is 5818 what is the percent increase?
+10.46%
Why is revenue important?
Revenue is what keeps your business alive. Beyond being a lifeline, revenue can give you key insights into your business. If you want to increase your business profits, you need to increase your revenue
Is a business making a profit when the revenue is less than its cost?
NO, if reveneu is less then cost then company is in loss as following forumula: Net profit (loss) = Revenue - Cost
What should a monopoly do if marginal revenue exceeds marginal cost?
increase output
How do you increase gross profit when sales increase but gross profit does not?
Your mariginal revenue must equal your marginal cost.
How does cost affect revenue and profitability?
There could be a variety of answers to this question, depending on what perspectives you use to answer them. ( accounting, economics etc ). Using my understanding of Economics, it's important to first have an equation to link all these variables. Profit = Revenue - Cost. This is called the profit equation, where profit equals revenue minus cost. Revenue is the sales that you obtain from day to day sales. It's expressed in a monetary value. For example, if I am able to sell 10 hotdogs today at US dollar 5 for each hotdog, then my revenue for the day will be US Dollars 50. However this is my revenue and not my profit, as I incurred cost while earning this revenue. Lets say the cost of this business is US Dollars 3. If this is the case the profit will be 50 - 3 which equals 47. Hence profit is 47. This equation shows that an increase in cost, can reduce the profit. At some instances, the increase in cost can increase revenue, depending on the price that you are selling and also the quantity sold. This will depend on how large the increase is. Generally if Revenue is more than cost, there is profit, while if Cost is more than revenue that is lost. If Revenue equals Cost, there is break even. This means that the profit is zero. Hope this helps. (cheong@bgymail.gd.cn)
What account does a merchandiser but not service company use?
cost of goods sold , inventory and sales revenue
Why does average cost include profit?
it doesn't cost is cost revenue is revenue
How do you find percent of revenue for cost?
cost/revenue x100%
