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These all linked together because these are all important for the business.
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∙ 11y ago
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What is revenue minus costs?
Profit
Subtracting costs from revenue calculates?
profit
How do you calculate GP Gross Profit when the revenue is less than the costs?
If revenue is less than costs, the gross profit is negative -- it is not a profitable company.
Profits is calculated by subtracting costs from what?
Profit is calculated by subtracting costs from revenue.
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 are revenues minus costs?
Revenue - Cost = Gross profit
What is c v p?
Sales revenue - Variable costs - Fixed costs = Profit
What is the formula for finding a firm's profit?
Total Profit = Total Revenue minus Total Costs.
What is the importance of revenue costs and profit?
Chicken Sandwitch with curry < How immature.
Why do producers try to minimize costs and maximize revenue?
The profit motive
In accounting profit is the difference between what?
difference between revenue and costs
What is the basic C-V-P equation?
Sales revenue - Variable costs - Fixed costs = Profit
