Definition:An expense is the cost of an asset used by a company in its operations to produce revenues. In other words, an expense is the use of assets to create sales. Notice that I didn’t say it’s the amount of money spent to generate sales. Expenses are created when an asset is...
When a company gifts anything to its clients, expenses related to the cost of the gift are also common. In addition to the cost of simple gifts, they can also incur additional costs. These are typically for things like delivery, ribbons, wrapping paper, and bows. In terms of deductions, ...
A company's annual revenue is 1,000,000 and its expenses are 800,000. What is the company's profit? A. $200,000 B. $300,000 C. $400,000 D. $500,000 相关知识点: 试题来源: 解析 A。本题涉及数学计算在商业中的应用。利润 = 收入 - 费用,即 1000000 - 800000 = 200000 美元。
Employee expenses are costs that are associated with the tasks that are performed for an employer. The main types of employee...
The matching principle states that expenses need to be recorded in the same time period as the related revenues. For instance, assume that the salary for a company’s production team is earned in February, but not paid until early March. Based on the matching principle, expenses are recognized...
Operating expenses eat into your revenue. The lower your expenses, the higher your profits are likely to be. However, they should not be so low that they impede the effective functioning of the company. Pricing Strategy When setting your prices, you must make sure that you cover your operat...
百度试题 结果1 题目 A company's revenue is 1,500,000 and its expenses are 900,000. What is its net income? 相关知识点: 试题来源: 解析 答案: $600,000 反馈 收藏
Ever wonder how a company can look successful but still struggle to stay afloat? Often, it boils down to operating expenses.Operating expenses, or OpEx for short, are the ongoing expenses a business incurs from its day-to-day operations. They’re the costs of keeping the lights on and the...
Are employee reimbursement expenses taxable income? How do you qualify? Learn more about IRS rules and accountable reimbursement plans.
Fund Company XYZ Management fee: 0.39% Total annual operating expenses: 1.17% Marketing costs: 0.15% The MER is the sum of these items, 1.71%. The language used to describe the MER isn't uniform from fund to fund, so a careful review of the prospectus is required. ...