Triangle Business Daily

Gross Profit Knowledge Base

gross profit? calculate the gross profit one could make in the manufature of KNO3 from NaNO3 and KCl if 100% yield could be obtained and KNO3 could be sold for $185/ton and NaNO3 cost $55/ton and KCl $28-ton.
What does the gross profit to sales revenue ratio? I mean it's the net profit to sales revenue that should matter as it's when the expenses have been paid for...! Also, is gross profit margin the same thing as gross profit to sales revenue? Thanks!
How net income and gross profit are likely to be affected after adding a new product line? hey guys I have a question about net income and gross profit. How gross income and net income are likely to be affected when a company add a new line beside their traditional line? thanks hey guys I have a question about net income and gross profit. How gross income and net income are likely to be affected when a company add a new line beside their traditional line? if a cereal company adds a new line that is related to its previous line ( new cereal and food and grain-based products ) but outside their traditional line, what will happen to their net income and gross profit? thanks if a cereal company adds a new line that is related to its previous line ( new cereal and food and grain-based products ) but outside their traditional line, what will happen to their net income and gross profit? thanks
How can i work out Gross Profit and percentages without using a calculator? Please can some one help? I have a test for a job coming up and they require you to work out gross profit and percentages without using a calculator.. I have always used a calculator for things like this. Please please can some one help and give me some tips to do this. I really want this job and this is the final part, and if I fail this I don't get the job. I would be so so grateful.
What is the cumulative effect of the inventory error on total gross profit for the 2 years? Gross profit in 2007 is $43,000 and in 2008 it is $63,000. After accounting for an inventory overstatement at the end of 2007, adjustments are made and gross profit is found to actually be $37,010 in 2007 and $68,990 in 2008. What is the cumulative effect of the inventory error on total gross profit for the 2 years?
What is the difference between gross profit and operating profit? gross profit is revenue minus operating expenses and operating profit or operating income is revenue minus operating expenses so how are these not the same thing? also what is non operating income? this is supposed to be added to operating profit after operating expenses have been subtracted but not every firm has this
What is the significance of a low gross profit rate? Gross profit is the result of 'mark-up' on your sales. What are the consequences of a low profit rate?
How do I find the gross profit percentage? Moore Company’s condensed income statement for the year ended 12-31-09 is: Net sales $197,000 Cost of merchandise (goods) sold (65,000) Gross profit 32,000 Operating expenses (20,000) Net income $ 15,000 Moore’s gross profit percentage is what? Also, please explain how you got your answer.
What is the gross profit and what is the net profit? If I bet $5 on odds 38:1 and the payoff odds were 35:1. What is my gross profit? If I bet $5 and won $275 what is the net profit and the payout odds?
What does it mean if you have a high GROSS PROFIT MARGIN and a negative PROFIT MARGIN? A gross profit margin of 74% but a profit margin of -8.6% for the same company and how can this be misleading?
How do I find gross profit for the following accounting question? During the current year, merchandise is sold for $127,500 cash and $435,600 on account. The cost of the merchandise sold is $422,325. what is the amount of the gross profit? a) 127,500 b) 140,775 c) 422,325 d) 435,600
How can i find the gross profit percentage?? For the year ending 12/31/06, the sales were $45,032, the cost of goods sold was 29,658, and the total expenses was 7,490. How can i find the gross profit percentage, isnt it Gross profit divided by sales?
How is the Gross profit ratio calculated, please help? I have a formula which say it calculated by Gross profit / sales * 100 and another formula saying it calculated by gross profit / cost of sales * 100 What is the difference please help
Are you taxed on gross profit or net profit when you run your own business? When you own and run your own business, are you taxed on gross profit or net profit (england)
If the gross profit percentage has decreased by 1% in a year but the net profit percentage has increased -? So the gross profit percentage of a company has decreased by 1% in a year and the net profit percentage has improved by 1% what does this mean?
what are the reasons for a decrease in gross profit percentage? i am doing an assignment on financial reporting and am trying to interpret ratios. i am doing the gross profit percentage and for year 2007 it is 33.33% and for 2008 it is 28%. please can someone help me interpret this? any ideas for the decrease?
If the cost of goods sold is 180 000 and the gross profit is 25 percent What would be the sales amount if sale? If the cost of goods sold is 180 000 and the gross profit is 25 percent What would be the sales amount if sales less cost of goods sold equals to gross profit percent?
Does anyone know where I can find the quarterly gross profit for the last two years of corporations? I've been able to find the quarterly gross profit for the last year but I haven't been able to find more than that. If anyone knows of any websites where I can find two years of information that would be really helpful. Thanks!
How net income and gross profit are likely to be affected? hey guys I have a question. if a company is focusing both on an expanded geographic distribution and new distribution channels, particularly single-serve channels, how net income and gross profit are likely to be affected? thanks
Gross profit based on cost of sales to one based on sales? Convert a gross profit % of 50% based on cost of sales to one based on sales?
Results of the current ratio and the gross profit ratio? i have calculated those ratios and the results are: Current ration= 2.2 times gross profit ratio= 64% what do the results indicate? do you know a good website about the financial ratios? @MrIceBre: read ur e-mail please.
Should it be illegal to make a gross profit? A gross profit meaning that you have not paid employees enough? -I know, basic, but I just want a straw poll.
How to improve gross profit margin? I work for fortune 50 retail company and want to have a 56% gross profit margin what things can i do to help me reach this. I have products that I order weekly so I do not have overstock. What can I do better as a manager to reach this goal
How do I solve this accounting problem? Finding Net Sales and Gross Profit? Income statement for merchandiser For the fiscal year, sales were $4,125,800, sales discounts were $380,000, sales returns and allowances were $186,750, and the cost of merchandise sold was $2,475,500. What was the amount of net sales and gross profit? Net Sales: ? Gross Profit: ?
What is the difference between gross margin and gross profit (if any)? I always get confused with the differences between gross profit, gross margin, net income, EBIDTA, etc.
if a business had high gross profit and high net profit is this good or bad? the businesses gross and net profits basically double in the second year, so is this good for the business or could the business be expanding too quickly, and if so how could you tell? thanks
Is gross profit and total revenue the same? In accounting, is total revenue the same thing as gross profit?
what is the definition for cost of goods sold, whether cost of goods sold = Sales-Gross Profit this is correct Tell whether the equation is correct or not Cost of goods sold = Sales - Gross Profit
Please help with Accounting I project gross profit percentage? If company A with gross profit percentage of 48.0% this year and 46.4% the previous in comparison with company B with 36.9% the current year and 41.1% the previous, what do these changes suggest?
Selling price from gross profit and cost in Excel? I have a excel sheet with columns of my cost in euro and dollars and then a column with the GP (gross profit %) I have to use for that part and I have to work out the selling price for each item but the issue comes in where all the GP's are different values ranging from 25 to 60. I need a formula to fill in once or over two cells as I have 1300 lines to calculate. Columns are: Part; Cost Euro; Cost Dollar; GP; Selling Price.
(in managerial acc.)In a variable cost income statement,is contribution margin the same as gross profit? I always see "contribution margin" in a variable cost income statement. Is this the same as "gross profit" in an absorption cost income statement?
What is the gross profit from this income statement? Hi Guys, Whats the operating profit & gross profit from this income statement. Cheers (in millions) REVENUES 37791 cost of goods and services sold (29659) cost of sales financing (1292) research and development expenses (1858) selling,general and administrative expenses (4770) OPERATING MARGIN 212 other operating income and expenses (329) operating income (117)
why is stock disregared when using an extended trial balnce when calculating the gross profit? when calculating the gross profit we pick the sales less purchases and disregard both opening and closing stock when using an extended trial balance to prepare final reports.
What are some factors that can impact the gross profit of a merchandise company?? What are some factors that can impact the gross profit of a merchandise company?
What effects Gross Profit and Cost of Goods Sold,? Cost of Goods Sold has a large effect on Gross Profit. Gross profit is very important to merchandisers, and is monitored very closely. and why is this number so important? How is it used for decision making?
What is Bank of America's Gross Profit? as well as their workinig capital? And its current ratio? Does Bank of America have a gross profit? If so what is it? Does Bank of America have any other (non-operating) income or exspense? What is Bank of America's current ratio? And what is Bank of America's working capital?
how net income and gross profit are likely to be affected? hey guys I have a question about net income and gross profit. How gross income and net income are likely to be affected after a year when a company add a new line beside their traditional line? if a cereal company adds a new line that is related to its previous line ( new cereal and food and grain-based products ) but outside their traditional line, what will happen to their net income and gross profit? if a cereal company adds a new line that is related to its previous line ( new cereal and food and grain-based products ) but outside their traditional line, what will happen to their net income and gross profit? thanks
is it ok in fla for a company to deduct from your gross profit to pay for advertising from commision pay jobs? i get paid a commission based on gross profit and the company is deducting from our dept. gross profit to pay for advertising, and therefore affecting my commission pay. my commission pay is obviously less. is it legal?
Why is Net Profit a better measure of profitability than Gross Profit? Why is Net Profit a better measure of profitability than Gross Profit? What is the formula to calculate Net Profit? How could a company increase profitability?
does any one know the gross average profit of farmers markets in oregon? the Internet fails and i can't find the info i am looking for. I need to know what last years gross average profit for farmers markets in oregon was, and any websites or articles that could back up the given information. I need this for a parli pro comp on thursday
Is Gross Profit ever listed on a single-step income statement? I have this question that asks for Gross Profit on a Single-Step income statement. I THOUGHT that Gross Profit was only used on Multi-Step Income Statements. So, if it IS used on a single-step, is it just Sales-CoGS, or should operating expenses be included in the net amount... but this wouldn't it make this "net income," as opposed to "goss profit?"
WHY is gross margin or gross profit so important? The bottom line or net income still comes out the same anyway so why is it such a big deal? And secondly, how do you determine if Salary is directly related to Sales, and should be placed in Cost of Goods Sold, and again, why is it important this also goes into Gross Margin, INSTEAD of simply lower on the Income Statement in general expenses?
A decline in a company's gross profit could be caused by all of the following except....? A decline in a company's gross profit could be caused by all of the following except... A) selling products with a lower markup. B) clearance of discontinued inventory. C) paying lower prices to its suppliers. D) increasing competition resulting in a lower selling price.
What is the difference between retail profit and gross profit? I know that: Gross Profit = Turnover - Costs But I am currently looking at an annual report which then talks about retail profit, and I was just wondering if anybody knew anything about retail profit. I know that: Gross Profit = Turnover - Costs But I am currently looking at an annual report which then talks about retail profit, and I was just wondering if anybody knew anything about retail profit, and what it means.
What is the gross profit on a new ford falcon hope someone can help? Am curious as my son is a car salesman and he wont even tell me so why the big secret i figure about 20% The ford falcon is still made in Australia
What is the difference between net profit and gross profit? I want to know the significant difference between two terms. I'm waiting for your quick responds. Thank you!
How would you analyse a Gross Profit Margin figure? For example, if Company A has a GPM of 71% how would you analyse this? And what does it mean or imply about the business?
Is annual revenues net profit or gross profit? i'm a foreigner and learning English. Is annual revenues net profit or gross profit?
What is the difference between gross and net profit? Hi I was watching tv the other day and they were talking about a business and gross and net profit. I was just wondering what the difference is? Can you please try and keep the answers as simple as possible I am only 15 :)
How do you do the Gross Profit Method? Ernst Equipment Co. wants to prepare interim financial statements for the first quarter. The company wishes to avoid making a physical count of inventory. Ernst’s gross profit rate averages 30%. The following information for the first quarter is available from its records: January 1 beginning inventory . . . . . . . $ 752,880 Cost of goods purchased . . . . . . . . . . . 2,159,630 Sales . . . . . . . . . . . . . . . . . . . . . . . . . 3,710,250 Sales returns . . . . . . . . . . . . . . . . . . . . 74,200 1. Use the gross profit method to estimate the company’s first quarter ending inventory.
Is Gross profit the same as pre tax profit? What are other names for pre tax profit? Is Gross profit the same as pre tax profit? Best answer will be rewarded five stars!
What is the gross profit using LIFO? (Remember, gross profit is equal to sales revenue less the cost of goods? The following information pertains to Karon's Candy Shop: Sales revenue 100 units at $15 per unit Beginning inventory 40 units at $9 per unit Purchases 80 units at $10 per unit What is the gross profit using LIFO? (Remember, gross profit is equal to sales revenue less the cost of goods sold.) a. $500 b. $520 c. $540 d. $1,500 e. none of the above
What percentage of gross profit should you pay a sales rep for a creative firm? should contain the exact percentage reccomended and an article backing the decision (if possible)
Computations for both Gross Profit on Sales and Contribution Margin? Can anyone give specific benefits to be derived from Gross Profit on Sales as opposed to Contribution Margin? What are the shortcomings, if any?
What is the average gross profit and margin for draught beer, spirits, wine and soft drinks? Looking for the average GP and margins for dealing with alcoholic beverages in a bar. i roughly know that for draught beer i should be looking for a margin of %50. i this correct and what about all others? regards
the differnece between NET OPERATING INCOME and GROSS PROFIT ON SLES is that net operating income? a) is the same thing as gross profit on sales,and therefore there's no difference. b) incldes deductions for operating expenses. c) includes deductions for other expenses
When you have negative gross profit, why is net profit a less negative number? Do you receive a tax credit or some form of refund as a business?
why a company would not disclose their cost of good sold or gross profit ? It's for accounting, also is Second Cup a merchandising company or service company? PLEASE HELP ASAP!! Thanks sooooooo much=) Note: ** For the Second Cup Company its the Franchasie cooperation instead of the restaurant that you go in to buy coffee.
What does term "gross profit subtotal" means, and where such value may be applicable? Thank you in advance! Actually the word "subtotal" in this term confuses me.
what is the difference between gross profit and revenue? I get those two confused a lot. Answers would be appreciated! :)
If the gross profit percentage is down and inventory turnover is down compared to previous years, what conclus If the gross profit percentage is down and inventory turnover is down compared to previous years, what conclusion might you reasonably draw? Accounting 100
Is a "severance tax" on oil/gas "income" applied to net profit or gross revenue? I'm trying to understand Colorado Amendment 58, which levies a 5% severance tax on "income" from oil and gas. Does "income" mean net profit, gross revenue, what?
Is net revenue the same as gross profit? The net part is throwing me off. I know net income is revenue's less expenses. so would net revenue be total revenue minus expenses to make that revenue (or cost of goods sold)? Meaning net revenue would mean the same thing as gross profit??
How do you work out gross profit and net profit? is there an easy way to rember how to work them out as well?
How to calculate Gross profit margin ? The Income statement shows Revenue from sales = X All other revenues = Y cost of goods sold (COGS) = C So is gross profit margin = ( (X+Y) - C ) / (X+Y) or is it (X-C) / X ? Thanks
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