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Which of the following accurately explains how profit is calculated (Apex)?
Wiki User
∙ 6y ago
cost are subtracted from revenues
Wiki User
∙ 6y ago
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What accurately explains how profit is calculated?
Costs are subtracted from revenues.
Which of the following best explains why the profit motion often leads to efficiency and innovation?
The competition to make profit drives producers to eliminate waste
Which is most accurately explains why commodity money has value?
A commodity is a good that is worth money, there is no such thing as "commodity money". So if you have a good that was purchased from a vendor that is by definition a commodity, its value is whatever you paid for it, my suggestion is a mark up and that is its profit.
What is 'value of a firm'?
The 'value of a firm' is connected with profit maximization. It is the present value of the firm's current profit and the future profit. It determines the value accurately.
What best explains the profit motive?
The profit motive of both individuals and businesses is based on the desire to increase their net wealth by engaging in a profitable business or financial transaction. The profit motive is best explained by understanding how profit can be the overriding motivation behind human activity and the impetus for economic progress and widespread wealth creation. The Wealth of Nations, written by economist Adam Smith in 1776, has achieved world renown fame for explaining how the profit motive is an integral necessity for building a nation's wealth. call me (501) 456-3483
What accurately explains how profit is calculated?
Costs are subtracted from revenues.
Which of the following best explains why the profit motion often leads to efficiency and innovation?
The competition to make profit drives producers to eliminate waste
Profit is calculated by subtracting costs from?
Profit is calculated by subtracting operating costs from gross revenues.
Profit is calculated by subtracting from revenues.?
Profit is calculated by subtracting __costs__ from revenues. Apex answers
What is a net margin?
The Net Profit Margin is an Expression of the Net Profit as a percentage of the Revenue, where the Net Profit is the Revenue minus all Expenses. The Net Profit Margin can be calculated in the following ways: Net Profit Margin = Net Profit/Revenue*100 [or] Net Profit Margin = (Revenue - all Expenses)/Revenue*100
Which is most accurately explains why commodity money has value?
A commodity is a good that is worth money, there is no such thing as "commodity money". So if you have a good that was purchased from a vendor that is by definition a commodity, its value is whatever you paid for it, my suggestion is a mark up and that is its profit.
What is 'value of a firm'?
The 'value of a firm' is connected with profit maximization. It is the present value of the firm's current profit and the future profit. It determines the value accurately.
What is a firm's value?
The 'value of a firm' is connected with profit maximization. It is the present value of the firm's current profit and the future profit. It determines the value accurately.
A document that describes a fund it's profit expectations and explains how the fund operates?
A private placement memorandum is a document that describes a fund its profit expectations and explains how a given fund operates.
Profits is calculated by subtracting costs from what?
Profit is calculated by subtracting costs from revenue.
What best explains the profit motive?
The profit motive of both individuals and businesses is based on the desire to increase their net wealth by engaging in a profitable business or financial transaction. The profit motive is best explained by understanding how profit can be the overriding motivation behind human activity and the impetus for economic progress and widespread wealth creation. The Wealth of Nations, written by economist Adam Smith in 1776, has achieved world renown fame for explaining how the profit motive is an integral necessity for building a nation's wealth. call me (501) 456-3483
How is gross profit calculated?
Gross profit is calculated by taking your net sales (sales - sales discounts) and subtracting your cost of goods sold.
