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NNADVOKAT [17]
3 years ago
6

How do you calculate business profit?

Business
1 answer:
oksano4ka [1.4K]3 years ago
3 0

Answer: B. Subtract costs from revenue.

Explanation: The profit generated or earned by a business refers to the excess of cost incurred in running the business or cost involved in production. Therefore, the revenue generated from sales must exceed the cost incurred in the production of the sold goods before business profit can be realized. The revenue is the total amount realized from sales

In simple terms,

Business profit can be expressed as ;

Total Revenue - Total expenses (cost)

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Answer:

C) intrapreneur.

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A.G. Lafley was the president and CEO of Procter and Gamble during two separate periods, 2000 to 2010 and 2013 to 2015. He is famous for his mantra that "consumer is boss" which clearly puts the company's focus on consumer satisfaction.

An intrapreneur refers to the manager of an established company that promotes innovation.

While Lafley was P&G's CEO, the greatest innovation was focusing the company's strategy on satisfying consumers. Marketing textbooks all point out that consumers are kings, that the companies exist to satisfy consumers' needs, etc., but in real life, companies rarely focus on their customers' needs. Imagine a company like P&G which is the king of convenience products basically paid little to no attention to its customers until Lafley came. Lafley is world famous for insisting that P&G and other corporations should pay attention to customers and customers responded positively to his management approach.  

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3 years ago
What are the function of a refrigerator ​
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The Purpose of Refrigeration. The fundamental reason for having a refrigerator is to keep food cold. Cold temperatures help food stay fresh longer. The basic idea behind refrigeration is to slow down the activity of bacteria (which all food contains) so that it takes longer for the bacteria to spoil the food.

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<em>In a firm's income statement, interest payments on debt are deducted </em><em>before </em><em>corporate taxes are calculated, which</em><em> reduces</em><em> the firm's tax liability.</em>

<h3>Income statement: What is it?</h3>

An overview of the company's operations for a specific time period is provided in the income statement. The revenue (gross and net sales), cost of products sold, operational expenditures (selling and general and administrative expenses), taxes, and net profit or loss are the statement's primary components.

<h3>What is displayed on a firm's income statement?</h3>

The statement logically and coherently presents the company's revenue, costs, gross profit, selling and administrative expenses, other expenses and income, taxes paid, and net profit.

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