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What s the profit margin of a restaurant?
An industry wide average is around 10 - 15% profit after all expenses.
What is the breakeven price when the quantity or services is 3000 fixed costs 45000 average cost per unit is 150 and required profit is 30000?
You are asking two different questions here. At Breakeven, there is no profit. So the questions are: At what selling price do you breakeven?; and At what selling price do you make a profit of 30,000? The formula is the same for both questions: P = Q(S - C) - F Where P=profit, Q=quantity sold, S=selling price, C=variable cost per unit and F=fixed costs. At breakeven: 0 = 3000(S-150) - 45000 or 3000(S) = 495,000 so S=165 Then, for your given profit: 30,000 = 3000(S-150) - 45000 or 3000(S) = 525,000 so S=175
What is the profit retention for an s corporation?
The profit retention for an s corporation is higher. This is as a result of being exempted from federal taxes and enjoys many tax advantages.
What is journal entry of closing stock?
it s transfer to profit and loss account.
Who are the users of Balance sheet and Profit and Loss Account?
stakeholders like # Investors # Share holders # Bord of directors # lenders # banks # And different Stake Holders Are the users of the B/S, P & L accounts
What s the profit margin of a restaurant?
An industry wide average is around 10 - 15% profit after all expenses.
If profit margin is low how a business make high profit?
If the margin is low, then the business needs a large volume of sales. This is a mormal state of affairs for many businesses particularly when there is competition from other businesses. A petrol station may have a margin of only a few cents per litre but it sells 1000's of litres every hour.
How can a business make high profit if profit margin is low?
If the margin is low, then the business needs a large volume of sales. This is a mormal state of affairs for many businesses particularly when there is competition from other businesses. A petrol station may have a margin of only a few cents per litre but it sells 1000's of litres every hour.
What is the breakeven price when the quantity or services is 3000 fixed costs 45000 average cost per unit is 150 and required profit is 30000?
You are asking two different questions here. At Breakeven, there is no profit. So the questions are: At what selling price do you breakeven?; and At what selling price do you make a profit of 30,000? The formula is the same for both questions: P = Q(S - C) - F Where P=profit, Q=quantity sold, S=selling price, C=variable cost per unit and F=fixed costs. At breakeven: 0 = 3000(S-150) - 45000 or 3000(S) = 495,000 so S=165 Then, for your given profit: 30,000 = 3000(S-150) - 45000 or 3000(S) = 525,000 so S=175
What s a margin?
It depends on the context. in writing, a margin is a space around the main body of text, which is usually blank. A margin in business is the difference between the cost of producing an item and the amount it's sold for.
What is Back on My Feet non profit organization 's population?
Back on My Feet - non-profit organization -'s population is 2,010.
What is profit without cash in accounts?
Asset acquisition, debt reduction, distribtuions to the owner / partner(s) / sharholder(s) all represent profit. Asset acquisition, debt reduction, distribtuions to the owner / partner(s) / sharholder(s) all represent profit.
What is the difference between margin and margin?
The difference between Gross Profit Margin and Operating Profit Margin is that the gross profit margin accounts for only Cost of Goods sold, but the Operating Profit Margin accounts for both Cost of Goods sold and Administration/Selling expenses.
What has the author J J Jehring written?
J. J. Jehring has written: 'Profit sharing' -- subject(s): Bibliography, Profit-sharing 'Succeeding with profit sharing' -- subject(s): Profit-sharing 'Pre-severance benefits in deferred profit sharing' -- subject(s): Profit-sharing 'A comprehensive bibliography on total group productivity motivation in business covering such subjects as profit sharing, productivity sharing, employee stock ownership and employer-employee cooperation' -- subject(s): Bibliography, Incentives in industry
Is an S Corporation a Non Profit?
No, the S Corporation is a profit corporation. Whenever they make loses or profits, it is usually divided among the shareholders.
What is the equation for calculating markup?
(S-C)/C Where S is Selling Price and C is Cost. Not to be confused with Gross Profit which is (S-C)/S 100% Markup = 50% Gross Profit
What was buying on margin in 1920's?
"Buying on Margin" meant that you would only have to put down a small percentage of money (10%) and the broker would cover the rest.
