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What else can I help you with?
When a firm's marginal revenues are higher than its marginal cost?
Marginal cost is
How does cost-volume-profit model accommodate nonlinear costs and revenues?
non-linear costs and revenues are ignored by the model
In a firm where assets are the major cost how is profit maximized?
By increasing revenues or the cost of the assets.
How do you calculate contribution margin ration if you're only given revenues and fixed costs not selling price?
Revenues Less: Variable cost Contribution Margin Less: Fixed Cost Net Income
Which of the following accurately explains how profit is calculated (Apex)?
cost are subtracted from revenues
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.
Can you deduct points on a refinance?
No, you cannot deduct points on a refinance as they are considered a cost of obtaining a mortgage and are not tax-deductible.
When a firm's marginal revenues are higher than its marginal cost?
Marginal cost is
How is the net delivered cost of purchases computed?
To calculate the net delivered cost of purchase, one would add purchases and freight in and then deduct purchase returns & allowances and then deduct purchase discounts.
How does cost-volume-profit model accommodate nonlinear costs and revenues?
non-linear costs and revenues are ignored by the model
In a firm where assets are the major cost how is profit maximized?
By increasing revenues or the cost of the assets.
What are revenues minus costs?
Revenue - Cost = Gross profit
Can I deduct software as a business expense on my taxes?
Yes, you can generally deduct the cost of software as a business expense on your taxes, as long as it is used for your business and not for personal use.
What does net income equals?
revenues minus cost of goods sold.
When total cost exceeds total revenues a business has registered?
A loss.
When total revenues exceed total cost a business has registered?
A loss.
How do you calculate contribution margin ration if you're only given revenues and fixed costs not selling price?
Revenues Less: Variable cost Contribution Margin Less: Fixed Cost Net Income
