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Chicken Sandwitch with curry < How immature.
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What is an importance of revenue?
The importance of revenue to a business is, it shows how much money goes into the business & also if you subtract if from costs then it shows how much profit has been made. Hope this helps!!
What is importance of revenue cost and profit?
Chicken Sandwitch with curry < How immature.
If a stadium's revenue is 554000 and its costs are 126000 what is the stadium's profit as a percentage of its revenue (Round to the nearest percent.)?
77%
What is the importance of revenue to a business?
revenue is what pays the expenses of running the business and hopefully you can even make enough revenue above expenses to make a profit
Which identifies the reason why producers try to minimize costs and maximize revenue?
The profit motive.
What is an importance of revenue?
The importance of revenue to a business is, it shows how much money goes into the business & also if you subtract if from costs then it shows how much profit has been made. Hope this helps!!
What is revenue minus costs?
Profit
Subtracting costs from revenue calculates?
profit
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.
Profits is calculated by subtracting costs from what?
Profit is calculated by subtracting costs from revenue.
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 are revenues minus costs?
Revenue - Cost = Gross profit
What is c v p?
Sales revenue - Variable costs - Fixed costs = Profit
What is the formula for finding a firm's profit?
Total Profit = Total Revenue minus Total Costs.
What is the importance of costs?
With the way that the world's economy works, costs are very important. Costs of certain things also tend to fluctuate based on the market, and the law of supply and demand.
What is importance of revenue cost and profit?
Chicken Sandwitch with curry < How immature.
Why do producers try to minimize costs and maximize revenue?
The profit motive
