All categories

4 years ago

How do you find your revenue and profit doing equations?

1 answer:

5 0

Profit is different from revenue since you need to invest your money (called 'cost') to manufacture goods or services. So, a simple equation for 'revenue':

Profit = Revenue - Cost.

Lets say you are the basketball manufacturer who sells one ball for 30 dollars. And if you sell 100 balls, your revenue will be 3,000 dollars. However, to make 100 balls, it may be required to pay about 1,000 dollars for labors, rentals, machines, leathers, distributions, etc. So, your profit will be 2,000 dollars (3,000 revenue - 1,000 cost).

You might be interested in

An important first step in adapting a product to a foreign market is to determine the Group of answer choices personal ethics of

KengaRu [80]

Answer:

degree of newness of the product as perceived by the intended market.

Explanation:

As the new product is in the market so the willing of the consumers are to evaluate the production that depends upon the product newness in the market

The other options are incorrect as if the evaluation of the consumers depend upon the irrational beliefs so it would not be intended to purchased

Therefore the last option is correct

hence, the same is to be considered

3 0

3 years ago

Wallen Corporation is considering eliminating a department that has an annual contribution margin of $80,000 and $160,000 in ann

krok68 [10]

Answer:

$10,000

Explanation:

We need to find the segment margin of the deparment, which is equal to annual contribution margin minus avoidable fixed costs:

Wallen Corporation

Annual contribution margin $80,000

Annual fixed costs $160,000

Unavoidable fixed costs $90,000

Avoidable fixed costs $70,000

Segment Margin = Annual contribution margin - avoidable fixed costs

= $80,000 - $70,000

= $10,000

Therefore, if the company eliminated this department, it would have a financial advantage of $10,000, equivalent to the deparment's current segment margin.

5 0

3 years ago

When logging into Google Tag Manager for the first time, what needs to be set up?

lara31 [8.8K]

Answer:

The correct answer is B

Explanation:

GTM (google tag manager), is a tool which allows the person to manage as well as deploy the marketing tags on the website, without modifying the code.

It is used so as to make easier for the marketers in order to execute the tags without relying on the web developers to do it.

When logging to GTM, the first thing need to be set up or create is the tag manager account so as to proceed further.

8 0

3 years ago

Why isn't marketing given a place of importance in the organizational hierarchy?

Tpy6a [65]

Answer:It is true that in many organization marketing does not have a place of importance in the organizational hierarchy as spending on marking cuts on their profit making. These firms need no marketing strategies as they are on regional or street or local level. Theses are small business. The customer base of these firms is near by public. These firms don’t work to reach far away customers

Explanation:

4 0

3 years ago

Daniels Transport has operating income of $68,200, interest expense of $210, dividends paid of $320, depreciation of $12,400, ot

Kisachek [45]

Answer:

Option (a) is correct.

Explanation:

Given that,

Operating income = $68,200

Interest expense = $210

Dividends paid = $320

Depreciation = $12,400

Other income = $2,100

common stock = $48,500 with a par value of $1 per share

Retained earnings = $29,700

Income before taxes:

= Operating income - Interest expense + Other income

= $68,200 - $210 + $2,100

= $70,090

Net income:

= Income before taxes - Taxes at 21%

= $70,090 - ($70,090 × 21%)

= $70,090 - $14,719

= $55,371

Shares of common stock outstanding:

= Common stock ÷ Par value per share

= $48,500 ÷ $1

= 48,500 shares

Earnings per share:

= (Net income - Preferred dividend) ÷ Shares of common stock outstanding = ($55,371 - 0) ÷ 48,500

= $1.14 per share

Therefore, the earnings per share if the tax rate is 21 percent is $1.14.

3 0

3 years ago