Stichworte departmental profit

Stichworte: departmental profit

Why would a competitive firm stay in business if it made zero economic profit

Why would a competitive firm stay in business if it made zero economic profit

The profit motive distinguishes business activities from personal activities.

The profit motive distinguishes business activities from personal activities.

What is the organized effort of individuals to produce and sell for a profit?

What is the organized effort of individuals to produce and sell for a profit?

How can competitive profit be zero in the long run who will work for nothing?

How can competitive profit be zero in the long run who will work for nothing?

The ratio of earnings to sales for a given time period is a firms profit margin.

The ratio of earnings to sales for a given time period is a firms profit margin.

Wann ist accounting profit und economic profit gleich

Wann ist accounting profit und economic profit gleich

Where there is no partnership agreement then profits and losses must be shared?

Where there is no partnership agreement then profits and losses must be shared?

In the above figure the monopolistically competitive firm makes an economic profit of

In the above figure the monopolistically competitive firm makes an economic profit of

Performing arts organizations are an example of other private not-for-profit organizations.

Performing arts organizations are an example of other private not-for-profit organizations.

Social workers are employed at non-for profits, for-profits, and public organizations.

Social workers are employed at non-for profits, for-profits, and public organizations.

What is the profit maximizing quantity of output for this pure monopoly quizlet?

What is the profit maximizing quantity of output for this pure monopoly quizlet?

Fasb requires that not-for-profit entities classify net assets into the following

Fasb requires that not-for-profit entities classify net assets into the following

Refer to the diagram at the profit-maximizing level of output, the firm will realize

Refer to the diagram at the profit-maximizing level of output, the firm will realize

Contributed services are recognized as revenue for a private not-for-profit when the service

Contributed services are recognized as revenue for a private not-for-profit when the service

Using the table below, determine the profit-maximizing output (Q) for a monopolist

Using the table below, determine the profit-maximizing output (Q) for a monopolist

Managers of this centers have responsibility for profits and investment in assets.

Managers of this centers have responsibility for profits and investment in assets.

The pure monopolist seeks the output that will yield the greatest per-unit profit.

The pure monopolist seeks the output that will yield the greatest per-unit profit.

If ending inventory and cost of goods sold are added together, they should equal gross profit

If ending inventory and cost of goods sold are added together, they should equal gross profit

The amount remaining after all expenses are deducted from total revenues is referred to as _____.

The amount remaining after all expenses are deducted from total revenues is referred to as _____.

Under variable costing, the profit for a period is not affected by changes in inventory

Under variable costing, the profit for a period is not affected by changes in inventory

What is an organization that seeks profit by providing goods or services to others?

What is an organization that seeks profit by providing goods or services to others?

Profit = (selling price per unit × quantity sold) – ( expense per unit × quantity sold) – expenses.

Profit = (selling price per unit × quantity sold) – ( expense per unit × quantity sold) – expenses.

To maximize its profit in the short run, a perfectly competitive firm decides Quizlet

To maximize its profit in the short run, a perfectly competitive firm decides Quizlet

Your client would like to display negative numbers in red on their Profit and Loss report

Your client would like to display negative numbers in red on their Profit and Loss report

Which of the following is a disadvantage of the departmental overhead rate method quizlet?

Which of the following is a disadvantage of the departmental overhead rate method quizlet?

Which of the following expenses is considered a controllable expense by profit center managers

Which of the following expenses is considered a controllable expense by profit center managers

The percentage markup on cost can be computed by dividing gross profit on selling price by 100

The percentage markup on cost can be computed by dividing gross profit on selling price by 100

The global expansion strategy that has the highest risk but also the highest profit potential is

The global expansion strategy that has the highest risk but also the highest profit potential is

Residual income and ROI are used as performance evaluation methods for profit center performance

Residual income and ROI are used as performance evaluation methods for profit center performance

If the goal is to maximize profit, at which point on the graph would a firm’s output be optimized?

If the goal is to maximize profit, at which point on the graph would a firm’s output be optimized?

Which financial statement shows a firms bottom line its profit or loss after costs expenses and taxes for a specific period?

Which financial statement shows a firms bottom line its profit or loss after costs expenses and taxes for a specific period?

The dollar amount of desired profit from the production and sale of the companys product is

The dollar amount of desired profit from the production and sale of the companys product is

What is an economic and political system in which a countrys trade and industry are controlled by private owners for profit rather than by state?

What is an economic and political system in which a countrys trade and industry are controlled by private owners for profit rather than by state?

Which of the following individuals (or groups) are not stakeholders in not-for-profit corporations?

Which of the following individuals (or groups) are not stakeholders in not-for-profit corporations?

If the firm shuts down its operations in the short run, the total dollar value of the loss will be

If the firm shuts down its operations in the short run, the total dollar value of the loss will be

What type of report summarizes the income and expenses of a company over a period of time and reports the difference as net profit or loss?

What type of report summarizes the income and expenses of a company over a period of time and reports the difference as net profit or loss?

Which of the following is a common condition for gainsharing to be a success in an organization?

Which of the following is a common condition for gainsharing to be a success in an organization?

If the firm is producing at a quantity of output where marginal revenue exceeds marginal cost, then,

If the firm is producing at a quantity of output where marginal revenue exceeds marginal cost, then,

Maximizing local profit or minimizing cost in a supply chain is best described as __________.

Maximizing local profit or minimizing cost in a supply chain is best described as __________.

What do you call the earning of a business after all the costs have been deducted from total sales?

What do you call the earning of a business after all the costs have been deducted from total sales?

Which term is used for the amount you are left with after subtracting overhead expenses from the departmental profit?

Which term is used for the amount you are left with after subtracting overhead expenses from the departmental profit?

What term refers to the amount of money a business takes in after the expenses needed to operate the business have been deducted from the revenue?

What term refers to the amount of money a business takes in after the expenses needed to operate the business have been deducted from the revenue?

Is any activity that seeks to make a profit by satisfying needs through selling goods or services and generating revenue?

Is any activity that seeks to make a profit by satisfying needs through selling goods or services and generating revenue?

The strategies of not-for-profit organizations may differ from for-profit organizations due to

The strategies of not-for-profit organizations may differ from for-profit organizations due to

What is the difference between profit and non profit business organization which is easier to manage?

What is the difference between profit and non profit business organization which is easier to manage?

What is the difference between profit and nonprofit business organization which is easier to manage

What is the difference between profit and nonprofit business organization which is easier to manage