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The money left over after all of the business costs are subtracted is called the?
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∙ 9y ago
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Net Profit (sometimes written as Nett Profit).
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∙ 9y ago
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What is the money needed to start a business called?
The money needed to start a business is called "capital".
What is it called when the owner of a business invests money into the business?
Its called capital
Example of business plan for laundry services?
A business plan needs to be thorough. You must have information on when you plan to open, the money that is needed, the costs, your hours, and your mission statement.
What is an owner depositing his own money into his business called?
capital
What is the money that is left over after all of the business expenses are paid called?
ProfitMoney that is left after all business expenses are paid is called profit.
An amount of money subtracted from the sales price?
Called a "discount".
Does profit means money that remains after costs of running business?
Yes profit means money that remains after a costs of running a business
What does revenue mean in math?
The revenue is the amount of money a company actually recieves. It is the the number before costs are subtracted.
What is it called when a business makes money?
It's called a positive cash flow or profit.(Costs + Liabilities) - Sales = Profit/Deficit
Why are costs profit and revenue important?
Revenue is important because it is the money that comes into the business and the business will be able to use it on any possible equipment or resources that are needed. Profit is important because it is the money the business has after deducting all the costs. The business will be able to spend this money on any equipment or resources that are needed. Costs is important because it helps the business see how much money this business will have after payng for all the costs.
What is the business money?
Money that you get from your business, is called business money.
What is after all expenses are subtracted the amount of money left after a sale is called a?
profit
Why is it important for a business to know about all its costs?
•Lower costs mean higher profit. •They show managers are efficient. •If costs are kept down, more money can be spent (invested) to improve the business. •If you can lower costs, you can lower prices and sales will increase. •The business must know what its costs are in order to cut them. •If costs are high it shows the business is wasting money.
The money that is left over after a business has paid all the costs of producing its goods and services is called?
profit/ net profit
Is turnover the same as profit?
No !! Turnover is the amount of money that is used for the business to trade, profit is the amount of money that is left after the costs of the business have been subtracted from the income from the business. turnover in general sense means the total revenue derieved by an enterprise from its primary business . however different rules and provisions of various laws and acts define turnover differently . There cannot be any stable definition for turnover .
If the income of a business exceeds its costs the money that remains is called the?
profit
The costs of a firm that are paid directly in money are called?
Explicit costs!
