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The two primary facility-related operating expenses for a hospitality business are?
Wiki User
∙ 10y ago
P.O.M & Utilities
Wiki User
∙ 10y ago
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What is pre-operating in business plan?
Pre-operating costs are any expenses incurred during the formation of a new business. All types of business entities may incur pre-operating costs.
What is the definition document describing the start up costs and operating expenses of a new business?
A financial plan mate
What are operating liabilities?
Short-term liabilities resulting from the primary business operations of a firm. They are non-interest bearing and comprise of accounts payable, accrued expenses, and income tax payable. Operating liabilities are deducted from total assets to determine the net operating assets.
What are two categories of expenses in merchandising companies?
C.O.G.S. (Costs of Goods Sold) and Operating Expenses.
Define maintenance and other operating expenses?
Operating Expenses are expenses that are incurred while running a business. Maintenance Expense could be considered anything from the cost of maintaining a company vehicle to repairs made on a building or some other type of "maintenance" that is require by the business in order to function at 100%. Many expenses have their own account such as, Utilities Expense, Rent Expense, Insurance Expense, Interest Expense, Supply Expense, just to name a few. Other expense may not have a specific account in which to be recorded, such as Travel Expense, Food Expense (perhaps to entertain a possible client), these expense are often listed under "Other Expenses".
What is loss in business?
it is a situation where income is not enough to meet the running expenses(operating expenses) of the business
What is an operating margin in business?
In business, an operating margin is the revenue of a business minus the operating expenses. It is the ratio of operating income divided by net sales.
Can you explain operating expenses?
Operating expenses,within the business context means those expenses that are directly related to operating the business.For examplea business needs to pay its staff wages or salariesa business uses water and electricity and has to pay for thesea business uses stationery and has to purchase these
What is Cost of revenue what is operating expenses?
The cost of revenue is the cost to produce a product. Operating expenses are expenses that have to be paid in order to stay in business like rent, utilities, etc.
What is pre-operating in business plan?
Pre-operating costs are any expenses incurred during the formation of a new business. All types of business entities may incur pre-operating costs.
Is A business plan is a document describing the start-up costs and operating expenses of a new business?
yes
Is a business plan a document describing the start-up costs and operating expenses of a new business?
yes
Startup capital pays for what?
Operating expenses for the first year of a new business
Why is interest expense treated as non operating expense?
Interest expenses are not operating expenses because interest is normally a financing activity as finance is acquired to run business operating activity is to manufacture product for sale.
What doe startup capital pay for?
operating expenses for the first year of a new business
Examples of operating expenses?
Operating expenses are also known as "overhead," and refer to the expenses required to keep a business open. Some examples would include rent for the office building, the cost of paying employees, and the water and electricity bills.
What is the journal entry that are paid on behalf the expenses not belong to company expenses?
There is no general entry for those expenses which are not belongs to company's normal operating business activities and no entry required.
