Total Profit = Total Revenue minus Total Costs.
profit or loss
Volume of a cone = 1/3*pi*radius2*height
In economics, normal profit is often called the break-even point. It is the level of profit where all of the costs of your business, including the salary of the CEO, are covered. When a firm has normal profit but not economic profit, the total revenue of the firm equals the total cost of the firm. However, if a firm has economic profit, total revenue is higher than total cost.
Add together the ages of all the objects and divide the sum by the number of objects.
net profit devided by total assets is called return on total asset and formula is as follows: Return on total assets = Net profit / total assets.
The answer will depend on profits as a percentage of what! As a percentage of revenue, it would be 100*(Total Revenue - Total Costs)/Total Revenue In example (as given in discussion page) Total Revenue = 236,000 Total Costs = 173,000 Total Profit = Total Revenue - Total Costs = 63,000 So percentage profit = 100*63,000/236,000 = 26.7% (approx).
To calculate profit when quantity is added, you need to subtract the total cost of producing the additional quantity from the revenue generated by selling that quantity. The profit formula is: Profit = Total Revenue - Total Cost. Determine the additional revenue and additional cost associated with the added quantity to calculate the profit accurately.
divide the profit total by the number of shares
Total revenue minus total expensives
total revenue minus total cost
Economic profit is when revenue exceeds total cost of inputs. Normal profit, on the other hand, is net profit less costs.