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Effects of recession on sales and profits - Computers & Internet

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As sales revenues and profits decline, the manufacturer will cut back on hiring new employees, or freeze hiring entirely. In an effort to cut costs and improve the bottom line, the manufacturer may stop buying new equipment, curtail research and development and stop new product rollouts (a factor in the growth of revenue and market share). Expenditures for marketing and advertising may also be reduced. These cost-cutting efforts will impact other businesses, both big and small, which provide the goods and services used by the big manufacturer.

Posted on Mar 30, 2015

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What are the advantages of buying a business?


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I am trying to figure out how to use the Cost, Sell, and margin buttons on this calculator...any insight?


I haven't used a calculator with these functions, so let's do a test.

I'm guessing is it for doing basic accounting. The equation is Sales - Costs = Gross Profit and maybe Gross Profit / Sales = Gross Margin.

If we enter 100 in sell, 40 in cost, does the margin come out to be 60 or 0.6? If it comes out to 60, the margin is the Gross Profit. If it comes out to 0.6, then the margin is Gross Margin.

Good luck,

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I order items for use with a non-profit organization and have a 501C-3 tax exempt number. How can I utilize non-profit eligibility and save on tax payment


You file a request with your state of registration/incorporation to get a sales tax exemption certificate. After you receive that, submit a photocopy to the vendors to have on their file. This allows them to not charge the sales tax. Some vendors will accept ust the certificate number and expiration date, others will require you to send them a photocopy. If you paid sales tax (after the certificate was issued) you can file a request for refund from the vendor by providing proof of excemption. Your state issued certificate is valid even if you are ordering from vendors outside your own state.

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Who are the best call handling services in UK?


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If sales were $5,000 and operating expenses were $2,700 - what is the net profit as a percentage of sales?


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Ibico 1232 desk calc. How do i calculate gp


Is this a trick question, were you sleeping in class, or did you forget how to use a search engine??

Gross Profit = Sales - CGS.
Gross Profit Margin = Gross Profit / Total Sales

Company A has sales of $80,000 and a CGS of $60,000. GP=$20,000 and GPM = 25%

Carl

Oct 01, 2010 | Office Equipment & Supplies

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The Belvedere Arms takes £11,800 in drink sales and £5,600 in food sales in a week. In the same week the pub delivers £8,496 profit on drink and £3,640 profit on food. The week's sales...


Assuming the Belvedere Arms sells only food and drink:
a) Total sales for the week is the sum of the drink sales and food sales, £11,800 + £5,600 = £17,400
b) Sales budget is £16,200, so performance is (17,400-16,200)/16,200 = 1200/16200 = .074 which is up by 7.4%
c) Profit on food is £3,640 on total food sales of £5,600. 3640/5600 = .65 or 65%
d) Profit on drink is £8,496 on total drink sales of £11,800. 8496/11,800 = .72 or 72%
e) Total profit is £12,036 on total sales of £17,400. 12,136/17,400 = .697 or 70%

Aug 31, 2010 | Vivendi Excel@ Mathematics Study Skills...

2 Answers

How to do profit and loss a/c in ms excel


Hi saleem_share,
I'm not sure why you would want to use excel to create a P&L, but the same formula would apply to excel as it would for a standard P&L. In one section of the spreadsheet add all of your income accounts. Then Subtract your cost of sales from that. That would equal your Gross Profit. After that add all the rest of your Expenses, and subtract from the Gross Profit, which would give you your net Profit or Loss Example:
Description
Amount
Formula
Sales Product A
1,000.00

Sales Product B
1,000.00

Total Sales
2,000.00
SUM(C1:C2)
Cost of Sales Product A
500.00

Cost of Sales Product B
200.00

Total Cost of Sales
700.00
SUM(C5:C6)
Gross Profit
1,300.00
SUM(C4-C7)



Auto
25.00

Utilities
50.00

Payroll
300.00

Office Supplies
20.00

Total Expenses
395.00

Net Profit
905.00
SUM(C8-C14)


I hope this helps

Mark

Jan 05, 2009 | Microsoft Computers & Internet

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