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Costs are subtracted from revenues.

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Q: What accurately explains how profit is calculated?
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Which of the following accurately explains how profit is calculated (Apex)?

cost are subtracted from revenues


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


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.


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.


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.


Profits is calculated by subtracting costs from what?

Profit is calculated by subtracting costs from revenue.


How is gross profit calculated?

Gross profit is calculated by taking your net sales (sales - sales discounts) and subtracting your cost of goods sold.


How do you calculate a profit margin ratio?

Profit Margin ratio is the comparison of profit as a percentage of revenue and calculated as follows Profit Margin ratio = Net Profit/Revenue


Why do you have to construct triangles accurately?

So that their measurments can be calculated accuratley.


What best explains why the profit motive often leads to efficiency and innovation?

The competition to make profit drives producers to eliminate waste.