1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
krek1111 [17]
2 years ago
5

Which accurately explains how profit is calculated? A. Benefits and costs are balanced. B. Total retail sales are determined. C.

Gross domestic product is calculated. D. Costs are subtracted from revenues.
Business
1 answer:
andre [41]2 years ago
6 0

Answer:

Costs are subtracted from revenues.

Explanation:

As we know  

Profit is calculated when the cost is subtracted from revenues.  

In mathematically,  

The profit = Revenues - cost  

The profit which would be calculated above is shown in the debit side of the income statement.  

As the income statement records all the expenses or cost incurred and all the revenues which are generated

You might be interested in
When we grow in relationship with ______________, we grow in relationship with God.
UkoKoshka [18]

Answer:

Explanation:

knowledge? Sorry if this dosent help! <3

3 0
2 years ago
Use the model to calculate the average rate of change of profit when the ticket price rises from $200 to $300. (Round your answe
sleet_krkn [62]

Answer:

600

Explanation:

6 0
3 years ago
What is a secured loan
Anon25 [30]
" A secured loan is, a loan in which borrower pledges some asset as calateral for the loan, which them becomes a secured dept owned to the creditor who gives the loan."
8 0
3 years ago
Read 2 more answers
Earl and Mary form Crow Corporation. Earl transfers property, basis of $200,000 and value of $1,600,000, for 50 shares in Crow C
barxatty [35]

Answer: The correct answer is "c.Crow will have a business deduction of $120,000 for the value of the services Mary will render.".

Explanation: With respect to the transfers: Crow will have a business deduction of $120,000 for the value of the services Mary will render.

This is calculated by the difference between the value of the property contributed by Earl $1 600 000 and the value of the property contributed by Mary $1 480 000.

1 600 000 - 1 480 000 = $ 120 000.

4 0
3 years ago
In the context of the stages of organizational decline, which of the following is a difference between the faulty action stage a
balu736 [363]

Answer:

The correct answer is B

Explanation:

Organizational decline happen or occur when the companies or the firms does not anticipate, acknowledge, adapt the external or the internal pressures or neutralize, which threaten the survival of the company or firm.

And in the stage of the faulty action, it arises because of the increasing costs and the decreasing profits and the market share. The management states the plans of the belt tightening, which is established or designed in order to cut the costs, restore the profits and to increase the efficiency.

The stage of crisis, where the dissolution or the bankruptcy is likely to happen unless the firm completely acknowledge the way it does the business. But the companies lack the resources required to fully change how they should run their business.

4 0
3 years ago
Other questions:
  • At the beginning of the call, the team members ask how one another is doing and mention the weather. What piece of advice for vi
    10·1 answer
  • George manages inventory for a company. The company has been struggling to reduce production costs in all departments for severa
    6·1 answer
  • Esquire Comic Book Company had income before tax of $1,700,000 in 2016 before considering the following material items: 1. Esqui
    12·1 answer
  • Government programs in which money is taken from one group is given to another are called
    5·1 answer
  • How do computers convert physical signals into digital data?​
    15·2 answers
  • "Mark Williams has suggested the continuance of premium pricing for Rich Roast Coffee. Explain the strategic role of premium pri
    9·1 answer
  • ) the reputation of being better at "holding down taxes" is ascribed to the
    15·2 answers
  • A firm issued 10,000 shares of $2 par-value common stock, receiving proceeds of $40 per share. The amount recorded for the paid-
    10·1 answer
  • MegaCable and Acme are competing for an exclusive contract to provide the city of Dustin with cable television for the next year
    11·1 answer
  • The standard cost of Product B manufactured by Pharrell Company includes 3.6 units of direct materials at $5.90 per unit. During
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!