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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.
What is the difference between operating expenses and non-operating expenses?
An interview with a company's operations managers and a review of its commercial ambitions often give investors a clear idea of the firm's operating activities.
What amounts are not included in gross margins?
Operating expenses.
What is the formula for net operating expenses in corporations?
Formula for calculating Gross operating expenses and net expenses in Corporations?
A company that has a profit can increase its return on investment by?
Increasing sales revenue and operating expenses by the same percentage.
Non operating expenses?
Non-operating expenses include the salary of the CEO and the rent expense for the facilities. Non-operating expenses are a part of overhead costs.
Is the measure of net income for a merchandising company conceptually the same for a service company?
Well if you look at it by the basics you will see both use the same Net income = revenue - expenses. However the income statement for the service company subtracts the operating expenses from the revenues to arrive at net income. The merchandising company subtracts the cost of merchandising from the revenue to arrive at gross profit. It then subtracts all other operating expenses to arrive at net income.
Is the measurement of net income for a merchandising company conceptually the same as for a service company?
Well if you look at it by the basics you will see both use the same Net income = revenue - expenses. However the income statement for the service company subtracts the operating expenses from the revenues to arrive at net income. The merchandising company subtracts the cost of merchandising from the revenue to arrive at gross profit. It then subtracts all other operating expenses to arrive at net income.
If a company had a gross profit of 136532 and net income from operations of 75945 what was the total amount of its operating expenses?
-$60587
What is net operating expenses i just want you to define the word net operating expenses?
Net operating expenses are the total of a companies income after the expenses have been deducted but before all the taxes have been deducted. This is the opposite of net profit.
Cost to income ratio?
operating expenses/operating income
What is the income statement of a merchandising company?
The income statement of a merchandising company shows the company's revenue, cost of goods sold, and operating expenses. It calculates the gross profit by subtracting the cost of goods sold from the revenue and then deducts the operating expenses to arrive at the net income. The income statement is used to assess the profitability and financial performance of the company.
