Profit = (Revenue * Gross Margin) – Expenses • This simple is the basic profit equation for any business and is easily found on the P/L statement • Revenue = Sales ( money that comes into your business) • Gross Margin is the money left over from sales after the cost of material, and the other costs of making the sale. • Expenses are the fixed costs of your business (rent, phone bill, salarie, etc)
{"title":"Profit","authors":"Dany Qumsiyeh, M. Spindel","doi":"10.2307/j.ctv138wqhk.7","DOIUrl":"https://doi.org/10.2307/j.ctv138wqhk.7","url":null,"abstract":"Profit = (Revenue * Gross Margin) – Expenses • This simple is the basic profit equation for any business and is easily found on the P/L statement • Revenue = Sales ( money that comes into your business) • Gross Margin is the money left over from sales after the cost of material, and the other costs of making the sale. • Expenses are the fixed costs of your business (rent, phone bill, salarie, etc)","PeriodicalId":224356,"journal":{"name":"Placing Papers","volume":"58 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122475197","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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