answersLogoWhite

0

Profit-Cost=Income

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

What is a income statement equation?

Income less Expenses


The equation AX plus BY is the general equation for a?

AX + BY is not an equation .AX + BY + C = 0is the general equation for a straight line.


What happens to equilibrium price and quantity when there is an increase in the consumers income?

When one part of the equation is increased (consumer income) than the equation no longer had equequilibrium.


What is the general form for a line equation?

General form for a line equation is: y=mx+b.


When was the equation for general relativity born?

The equation for general relativity was born in 1915 when Albert Einstein published his theory of general relativity.


Income statement tie into the accounting equation?

Yes


What is general gas equation and derive it?

General gas Equation is PV=nRT According to Boyls law V


What is the general equation for metal and acid?

The general equation for a metal reacting with an acid is: Metal + Acid → Salt + Hydrogen gas


What is the general word equation for salt formation neutralization?

The general word equation for salt formation by neutralization is acid + base.


How would net income be most likely to affect the accounting equation?

Net income affects the accounting equation by increasing equity, which is one of the three components of the equation (Assets = Liabilities + Equity). When a company earns net income, it adds to retained earnings within equity, thereby increasing the total equity balance. As a result, if assets or liabilities remain unchanged, the increase in equity from net income will maintain the balance of the accounting equation.


Equation for calculating transfer payment in national income?

jedofed


What part of the general slope intercept equation represents the slope?

The general form of the slope-intercept equation is y = mx + b. In that equation, the slope is m and the y intercept is b.