answersLogoWhite

0

What else can I help you with?

Related Questions

Profit is calculated by subtracting costs from?

Profit is calculated by subtracting operating costs from gross revenues.


What is the profit that remains after the operating costs have been deducted from the gross profit?

nett


What is the non crash cost of driving?

The noncrash costs of driving include operating costs, fixed costs, and environmental costs. Operating costs include: gas, oil, and tires. The more you drive, the greater your operating costs. Fixed costs include: the purchas price of the vehicle, insurance, and licensing fees.


How can one calculate operating expenses from a balance sheet?

To calculate operating expenses from a balance sheet, you can subtract the cost of goods sold (COGS) from the total revenue. Operating expenses include items such as salaries, rent, utilities, and marketing costs. Subtracting COGS from revenue gives you the gross profit, and then subtracting operating expenses from the gross profit gives you the operating income.


When a business is calculating its operating costs what must it include?

Variable costs.


When a business is calculating its operating costs it must include .?

Variable costs.


Product costs plus operating expenses plus profit equals?

selling price


What is defined as the absolute monetary difference between sales revenues and operating costs?

Profit


Is economic profit a cost of production?

Economic profits are not costs of production since the entrepreneur does not require the gaining of an economic profit to keep the firm operating. In economics, costs are whatever is required to keep a firm operating.


How can one find operating expenses for a business?

To find operating expenses for a business, you can review the company's financial statements, such as the income statement or profit and loss statement. Operating expenses are typically listed as a separate category and include costs like rent, utilities, salaries, and supplies.


Is operating profit margin and profit margin the same?

No. Operating profit margin usually means profit in terms of strict cost and revenues of the firm itself. Actual profit margin includes other, non-firm specific costs, such as payment of debts (which is not part of operation but still a liability of the firm).


Are variable costs included in operating costs?

Variable operating costs + fixed operating costs = total operating costs.