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What else can I help you with?
The difference between revenue from sales and cost of goods sold?
Difference between revenue from sales and cost of goods sold is called "Gross profit".
What is excess of sales over cost of goods?
Excess of sales over cost of goods, often referred to as gross profit, represents the difference between a company's revenue from sales and the direct costs associated with producing those goods. It is a key indicator of a business's financial health, showing how efficiently a company can generate profit from its sales activities. Gross profit does not account for operating expenses, taxes, or other costs, which are considered when calculating net profit.
Why unrealized profit deducted from finished goods?
Unrealized profit is deducted because it is received but not yet earned means goods are not sold to outside customers and unless goods sold to end user or outside company customers, profit is not actually earned.
If total revenue is 3000 cost of goods is 1500 and total selling expense is 500 what is the profit?
Profit is the difference between your income (3000) and your expenses (1500 + 500) So add 1500 and 500, and subtract THAT from 3000. The answer is your profit- on which you will pay taxes.
What is a person who sells goods for profit?
Vendor / merchant
The difference between revenue from sales and cost of goods sold?
Difference between revenue from sales and cost of goods sold is called "Gross profit".
What called The difference between net sales and cost of goods sold divided by net sales?
1. Net sales - cost of goods sold = Gross profit Gross profit / Net sales = Gross profit ratio
What is the relationship between income and luxury goods?
higher income, more luxery goods. not rocket science.
What is the relationship between producers and consumers in economics?
Producers make the goods and consumers buy and use the goods.
How were the Phoenicians middlemen?
They moved from trading their own limited goods to the carriage trade - moving other peoples' goods between them and taking a profit from it.
What is the relationship between boycott and repeal?
A boycott is to refuse to purchase certain goods or service, and a repeal is to cancel a law. That is a relationship between the two.
For which type of good is there an inverse relationship between the demand for the good and income?
For inferior goods, there is an inverse relationship between the demand for the good and income.
What is the relationship between consumer demand and income levels when considering inferior goods in economics?
In economics, there is an inverse relationship between consumer demand and income levels for inferior goods. This means that as income levels increase, the demand for inferior goods decreases, and vice versa.
What is the relationship between the timing of your goals and the type of goods or service you want?
bacon
What is the relationship between exports and imports?
they both have to do with bringing and taking out goods for a country
What represents the profits from revenues after deducting only the cost of goods sold?
After only deducting cost of goods sold from revenues is the Gross profit which is the difference between revenues and cost of goods sold.
What does gross profit include?
* + Net Sales * - Cost of Goods Sold (Expenses directly related to the goods that were sold) * ----------------------------------------------- * = Gross Profit
