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How do you calculate the profit of loss on a stock that you have bought and sold?
Wiki User
∙ 8y ago
You can calculate the profit loss on a stock that uou have bought and sold by looking at the price that you have bought it for and divide that buy how many there are and you will see how many of the items that it was if you have been riped or you got it cheap. You can also sell it for a higher price to other distributors for them to sell.
I hope that this information is useful to you.
You can calculate the profit loss on a stock that you have bought and sold by looking at the price that you have bought it for and divide that by how many items there are and you will see how many of those items that you bought have been riped or you got it cheap. You can also sell it for a higher price to other distributors for them to sell, or sell them yourself!
I hope that this information is useful to you.
Wiki User
∙ 8y ago
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Opening stock minus closing stock?
profit or loss
Why would stock be expensed in the profit and loss account?
Stock would be expenses to the profit & loss account (P&L) when: * It was used, or * It had no economic value
What is the difference between profit and loss account and profit and loss appropiation account?
Profit and loss accont is used to calculate the profit or loss of business while profit and loss appropriation account is used to allocate or distribute net income or loss to share holders or different reserves account.
What is journal entry of closing stock?
it s transfer to profit and loss account.
How will you find closing stock in trading and profit and loss account?
GROSS PROFIT = SALES - [OPENING STOCK + PURCHASES + DIRECT EXPENSES - CLOSING STOCK]... substitute if u have all the other values
How do I calculate simple profit and loss?
Profit or loss = income - expenses. A positive number is profit, a negative number is loss.
Opening stock minus closing stock?
profit or loss
Why would stock be expensed in the profit and loss account?
Stock would be expenses to the profit & loss account (P&L) when: * It was used, or * It had no economic value
What is the formula for calculating loss?
You calculate loss the same as you would do profit income minus expenses (outgoings) = profit/loss If the answer is negative then you are making a loss, if the answer is positive then you are making a profit.
How do you get the closing stock in trading profit and loss when not given?
How do I find the opening stock when given the closing stock
What is the difference between profit and loss account and profit and loss appropiation account?
Profit and loss accont is used to calculate the profit or loss of business while profit and loss appropriation account is used to allocate or distribute net income or loss to share holders or different reserves account.
How do you know if it is a profit or a loss?
you can tell by seeing something as a loss or a profit. example - you bought a Mobile Phone @ £102 - then you sold it at £130 that would be a profit a loss would be to sell something for under the price you bought it at for example - chocolate bar 79P you sold it for 40P.
Which account you in 3 net loss?
The profit and loss account is the account that can be used to calculate the net loss.
What is journal entry of closing stock?
it s transfer to profit and loss account.
How will you find closing stock in trading and profit and loss account?
GROSS PROFIT = SALES - [OPENING STOCK + PURCHASES + DIRECT EXPENSES - CLOSING STOCK]... substitute if u have all the other values
How do you calculate net profit margin if there is net loss?
The Gross Profit Margin = Gross Profit/Revenue*100 regardless of weather the Gross Profit is positive or negative (a loss). Therefor, it is acceptable to have a negative Gross Profit Margin.
How do you calculate accounts up to profit an d loss?
purchese amount 100
