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How do you calculate profit margins?
Gross Profit Margin = Gross Profit/Revenues Net Profit Margin = Net Profit/Revenues
Which is better gross profit or net profit?
net profit
Is general motors for-profit or not-for-profit?
General motors is for profit company.
How do you calculate a profit margin ratio?
Profit Margin ratio is the comparison of profit as a percentage of revenue and calculated as follows Profit Margin ratio = Net Profit/Revenue
Distinguish between normal profit and abnormal profit?
Normal profit is the expected profit in a business. Abnormal profit comes from an unexpected source and is usually a unique instance.
Sell price is 2602.58 cost price is 2090.42 what is the profit?
The basic formulas for profit are represented as follows: Profit = Price - Cost % Profit = Profit / Cost So, if an item sold for 2,602.58 and cost 2,090.42, the profit (absolute) is : Profit = 2,602.58 - 2,090.42 = 512.16 The % profit (relative to the cost) is: % Profit = 512.16 / 2,090.42 = 24.5%
What was Porter's contribution?
Porter suggested that profit ability partly depends on the relative bargaining power of parties
In perfect competition market When the firm do the profit arise?
it arise if minimum scale of a single producer is small relative to the demand for the good or service
What criteria will guide your decision process as you consider your next opportunity?
The best way to make a decision is by performing a loss-profit analysis. Managers and economists know to choose that option which tends to maximize their profit or minimize their loss, relative to the other choices.
Discuss the relative importance of BOTH gross profit and contribution margin?
Gross profit and the contribution margin are both important factors for a business' accounting functions. The gross profit allows the company to keep track of its revenue compared to expenses. The contribution margin allows the company to track the sale price of their products in relation to their costs to manufacture them.
What four methods can be used to increase a non-profit organization's surplus?
Are absolute surplu value,relative surplus vslue capitalist production and exchange value methods to increase an organization's surplus
Is Mcdonalds a non-profit or profit?
Starbucks is a for profit company.
What does profit margin mean?
Profit margin means the amount of profit you make measured in a percentage. This can include:Gross Profit marginNet Profit marginMarkup Profit margin
Is macdonalds a for-profit or Non-Profit or Not-for-profit organization?
McDonald's is a for profit company. It is not a nonprofit or a not for profit, which are synonyms.
When copying or moving formulas in an Excel worksheet the default type of cell reference is called?
A relative reference.A relative reference.A relative reference.A relative reference.A relative reference.A relative reference.A relative reference.A relative reference.A relative reference.A relative reference.A relative reference.
What are 3 motivations of a business?
Profit, profit and profit.
Is Walmart a profit or non profit company?
profit
