In its simplest form, profit is: Fixed costs - Depreciation - Interest = Profit Sales/Turnover - Variable
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In its simplest form, profit is: Fixed costs - Depreciation - Interest = Profit Sales/Turnover - Variable costs/Used goods = Profit (Actual retail price - cost)/ Actual retail price = Profit (Price - Cost)/Cost = Profit Gross sales - Returns - Allowances - Discounts = Profit
Related Book For
Contemporary Human Resource Management Text And Cases
ISBN: 9780273757825
4th Edition
Authors: Tom Redman, Adrian Wilkinson
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