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How does a firm calculate its profit?
total revenue minus total cost
How do you calculate average room revenue?
Average room revevue = total room revenue / no: of rooms sold
Is it microeconomics or macroeconomics the effect of higher income taxes on total amount of consumer spending?
microeconomics
How do you calculate the profit maximizing output level given a total revenue and total cost function?
how to calculate profit maximizing water level under quadratic cost function
How do you calculate rooms revenue?
Total revenue is called as show below Total Room Rate/Total Rooms Room 1 1000 Room 2 2000 Room 3 500 8000/3=2666.66
How do you calculate total room revenue?
how do calculate total of rooms revenue
How do you calculate total revenue?
To calculate total revenue you simply multiply the quantity by the price. Total revenue includes expenses; therefore, total revenue isn't the same as profit.
How do you you calculate total revenue percentage?
You can calculate the total revenue percentage by substituting the variable X for the monthly revenue, the variable Y for the period of time, and then multiple these to solve for the total revenue percentage.
How to Calculate quarter over quarter revenue?
How to calcalate total revenue
How do you calculate marginal revenue cost by math and graphically and marginal in general?
Profit=Total revenue - Total cost
How does a firm calculate its profit?
total revenue minus total cost
How can you calculate hotel arr?
total revenue divded by total number of rooms
How do you calculate average room revenue?
Average room revevue = total room revenue / no: of rooms sold
How do i calculate percent profit?
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).
How do you calculate profit when quantity is added?
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.
How do you calculate food cost in hotel?
total food divided by net revenue
How do you calculate Total revenue variance?
total revenue variance = actual revenue - standard revenue Total revenue variance (AQ x AP) - (SQ x SP) where AQ is actual quantity (units of service sold), AP is actual price (actually recorded as revenue), SQ is standard quantity, and SP is standard price
