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You would take the total revenue and divide it by the total number of procedures that has been done within the given time frame.
For cost ratio/expense you want to take the total expenses for one month and divide them by the number of procedures performed within that month.
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The entry closing the Expense and Revenue Summary is a?
The entry closing the Expense and Revenue Summary is a?
How do you calculate general and management ratios and what formula do I use?
Total general and management expenses General and management/Expense ratio = Total expenses
Is sales revenue an expense or asset?
Sales is a revenue not an expense or asset while difference between sales and expense is profit which is liability for business.
What is between revenue and expenditure?
revenue is income and expenditure is an expense
What kind of expense is rent expense?
Rent expense is a Revenue expense and not a capital expense. It is a revenue expense because it recurs from year to year and is not an expense in purchasing a fixed asset. It is classified as a revenue expense also because it features in the income statement of each year and following the principle of accruals, the accountant must, make the necessary end of period adjustments to make sure that the the amount of rent expense that should have paid is charged against revenue and not just the actual cash paid.
Whats the antonym for revenue?
Expense.
Is Commission a revenue or an expense?
if Commission is received then it is revenue but if commission is paid then it is expense, if commission is receivable then it is asset while if it is payable then it is liability.
What is revenue minus net income?
EXpense
How do you calculate total room revenue?
how do calculate total of rooms revenue
Would costs incurred for advertising be considered revenue or expense?
it is considered as a deferred expense.
Should investments be listed under expense or revenue in an income statement?
The money that you invest should be counted as an expense. The income from your investment would be considered revenue.
Is Purchase Discount revenue or expense?
Sales discount is not an expense account, but is also a deduction to an income statement. It is just a contra account of a revenue account particularly a sales revenue account.
