answersLogoWhite

0

What else can I help you with?

Related Questions

Subtracting costs from revenue calculates?

profit


How do costs revenue and profit link together?

Costs, revenue, and profit are interrelated components of a business's financial performance. Revenue is the total income generated from sales, while costs represent the expenses incurred in producing goods or services. Profit is calculated by subtracting total costs from total revenue; thus, a business must manage both costs and revenue effectively to maximize profit. A decrease in costs or an increase in revenue directly contributes to higher profit margins.


What calculates opportunity costs?

Finding the value of the best option that is not chosen. apex


What is revenue minus costs?

Profit


Profits will be maximized when marginal revenue?

Profits will be maximized when marginal revenue is equal to marginal costs. This will only happen in cases where there are fixed costs.


How do you calculate profit and loss in microeconomics?

In microeconomics, profit is calculated by subtracting total costs from total revenue. The formula is: Profit = Total Revenue - Total Costs. Total revenue is determined by multiplying the price per unit by the quantity sold, while total costs include both fixed and variable costs associated with production. A loss occurs when total costs exceed total revenue.


What is the break even revenue?

Amount of revenue that is needed to cover all of the fixed costs.


Profits is calculated by subtracting costs from what?

Profit is calculated by subtracting costs from revenue.


Calculate costs as a percentage of revenue?

15%


How do you calculate GP Gross Profit when the revenue is less than the costs?

If revenue is less than costs, the gross profit is negative -- it is not a profitable company.


How do i calculate percent profit?

The answer will depend on profits as a percentage of what! As a percentage of revenue, it would be 100*(Total Revenue - Total Costs)/Total Revenue In example (as given in discussion page) Total Revenue = 236,000 Total Costs = 173,000 Total Profit = Total Revenue - Total Costs = 63,000 So percentage profit = 100*63,000/236,000 = 26.7% (approx).


What method calculates the costs of goods sold based on the most recent purchases?

subtract the gross from the profit