0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is a reasonable profit margin?
what is the difference between reasonable profits and economic profits
How deprecaition interacts with prudence and matching concepts?
Prudence concept tends to understate the profit . depreciation is a tool through which we record our losses , which means that our profit is declining .This means that depreciation is a supportive tool for reducing profit. Matching concept tends to record the expense to the revenue generated from the assets . Hence depreciation fulfils the requirements of both the concepts .
What is the Difference entrepreneurial profit and accounting profit?
Accounting profit is simply the bottom line of a business income statement and is an absolute number, whereas an entrepreneurial profit uses the economic concept of opportunity cost. It is the profit that the entrepreneur would have earned if he or she had invested both time and money in some other enterprise.
What does reasonable assurance mean in audit function?
The key concept is "reasonable" assurance. The auditor does not provide absolute assurance, because this is not attainable due to factors like the need for judgment, the use of testing, the inherent limitations of internal control and the fact that audit evidence is generally persuasive rather than conclusive.
How do you calculate profit margins?
Gross Profit Margin = Gross Profit/Revenues Net Profit Margin = Net Profit/Revenues
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
What is a reasonable profit margin?
what is the difference between reasonable profits and economic profits
Explain how the marketing concept can be applied in non profit organisations?
Explain how the marketing concept can be applied in non profit organization?
Why is the notion of profit usually included in the definition of marketing concept?
Why the notion of profit is usually included in this definition
The concept of competitive advantage is as important for non-profit organizations as it is for?
"The concept of competitive advantage is as important for non-profit organizations as it is for profit organizations". Do you agree with this statement or not? Explain with examples to justify your answer. "The concept of competitive advantage is as important for non-profit organizations as it is for profit organizations". Do you agree with this statement or not? Explain with examples to justify your answer.
Materials plus a reasonable profit?
Just price
What is the importance of the marketing concept?
The important core concept is to "fulfill the needs" of your market at a profit.
The concept of competitive advantage is as important for non-profit organizations as it is for profit organizations Do you agree with this statement of not Explain with examples to justify your an?
The concept of competitve advantage is as important for non- profit orgnizations as it is for profit orgnizatios Do you agree with this statement or not? Explain with examples to justify your answer.
What is the elements of concept of reasonable limits?
The concept of reasonable limits refers to the boundaries that are considered acceptable in a given situation based on factors such as legality, ethics, and practicality. When setting reasonable limits, it is important to balance individual freedoms with societal needs in a fair and consistent manner. These limits may vary depending on the context, such as in law enforcement, personal relationships, or workplace policies.
Why the notion of the profit is usually included in marketing and marketing concept?
Why the notion of profit is usually included in this definition
What is the difference between a traditional concept of business and a modern concept of business?
The traditional concept of business is profit motive but the modern concept of business is service oriented.
Why the notion of profit is usually included in the definition marketing and marketing concept?
Why the notion of profit is usually included in this definition
