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COSTS, REVENUES AND PROFITS

Descrição

Mental map about costs, profits and revenues in a business
Milagros Badillo Palomino
Mapa Mental por Milagros Badillo Palomino, atualizado more than 1 year ago
Milagros Badillo Palomino
Criado por Milagros Badillo Palomino mais de 7 anos atrás
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Resumo de Recurso

COSTS, REVENUES AND PROFITS
  1. COSTS
    1. Total expediture incurred by a business
      1. Necessary to meet the operations of the business
      2. TYPES
        1. CHANGE
          1. Fixed
            1. Variable
              1. Semivariable
              2. ALLOCATION
                1. Direct
                  1. Indirect
              3. REVENUES
                1. Money received by a business as a result of trading operations
                  1. Formmula: Total Revenues= Unitary Price X Quantity Sold
                2. PROFITS
                  1. Formula: Total Revenues - Total Costs
                    1. Indicator of business success
                      1. If possitive, indicates good state
                        1. If negative, indicates a bad state

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