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What is the profit if total revenue is 3000 cost of goods is 1500 and total selling expense is 500?
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∙ 10y ago
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∙ 10y ago
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If total Revenue is 3000 Cost of Goods is 1500 and total Selling Expense is 500 what is the Profit for the business?
If total revenue is 3000, the cost of goods is 1500, and total selling expense is 500 then the profit made is 1000.
What is the profit if total revenue is 3000 cost of goods 1500 and total selling expenses are 500?
What would profit be is revenue is $3000, cost of goods are $1500 and expenses are $500
How business make a profit?
by selling goods at higher revenue than the cost it was paid for.
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 the difference between the revenue that a company brings in from selling goods and services and the cost of generating this revenue called?
For a normal business it is Profit or Loss (depending upon which is greater) For a non-profit organisation (eg a Charity) it is Surplus or Deficit.
If the total revenue is 3000 cost of goods is 1500 and total selling expense is 500 what is the profit for the business?
If total revenue is 3000, the cost of goods is 1500, and total selling expense is 500 then the profit made is 1000.
If total Revenue is 3000 Cost of Goods is 1500 and total Selling Expense is 500 what is the Profit for the business?
If total revenue is 3000, the cost of goods is 1500, and total selling expense is 500 then the profit made is 1000.
What is the profit if total revenue is 3000 cost of goods 1500 and total selling expenses are 500?
What would profit be is revenue is $3000, cost of goods are $1500 and expenses are $500
How business make a profit?
by selling goods at higher revenue than the cost it was paid for.
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 does the Profit and Loss statement indicates?
The statement of profit and loss follows a general format that begins with an entry for revenue and subtracts from revenue the costs of running the business, including cost of goods sold, operating expenses, tax expense and interest expense. The bottom line (literally and figuratively) is net income (profit).
What is the difference between the revenue that a company brings in from selling goods and services and the cost of generating this revenue called?
For a normal business it is Profit or Loss (depending upon which is greater) For a non-profit organisation (eg a Charity) it is Surplus or Deficit.
What is profit margin a measure of?
Profit margin is a measure of cost of goods combined with the cost of sales versus revenue from the goods sold. For example, if a retailer pays a wholesaler $1.00 for an item and the cost of selling the item is $.50 and the retail revenue from the sale is $2.00, then the profit margin for that item is 25% ($.50 gross profit divided by $2.00 revenue). The net profit is even less when the cost of such items as taxes, interest, and amortization are included in the cost algorithm.
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 are the primary sources of revenue for multinational consumer goods company?
Profit from goods sold
Differences between selling expenses distribution expenses?
distributon expense is a part of selling expense. its comes under the heading of selling expense. selling expense included various other heads like advertisement expense, distribution expense, packing expense, octroi, sales tax, hidden profit, cost of product etc etc. while distribution expense is the expense occured by the producer of the goods in the form of transportation cost barred by him for making the goods reach the retailers, wholesellers or directly to the godown or factory outlet.
What is a company's revenue?
Total Revenue - This is what it says in my economics book; A company's total revenue is defined as "the amount of money the company receives by selling its goods."Revenue in General - With that being said, it sounds like revenue is just the amount profit a company makes by selling it's good or sevices.Hope this helped, if not, look it up on Dictionary.com ! :) That is always what I do, and it has never let me down.
