- published: 06 Apr 2011
- views: 2067
2:17
How To Compute Gross Profit
Looking for a informative video on How To Compute Gross Profit? This useful tutorial expla...
published: 06 Apr 2011
How To Compute Gross Profit
Looking for a informative video on How To Compute Gross Profit? This useful tutorial explains precisely how it's done, and will help you get good at math, business accounting. Enjoy this tutorial from the world's most comprehensive library of free factual video content online.
- published: 06 Apr 2011
- views: 2067
8:59
Business and Finance Lesson 1: Gross Profit Margin (Business English Learning)
We talk about Sales, Gross Profit, COGS Cost of Goods Sold, Cost of Sales Cost of Revenue,...
published: 22 Sep 2011
Business and Finance Lesson 1: Gross Profit Margin (Business English Learning)
We talk about Sales, Gross Profit, COGS Cost of Goods Sold, Cost of Sales Cost of Revenue, Gross Profit Margin and analysis of gross profit margin for three years.
- published: 22 Sep 2011
- views: 10527
6:23
Gross Profit & Gross Profit Margin on the Income Statement
A video tutorial by PerfectStockAlert.com teaching the definition of gross profit and gros...
published: 08 Apr 2012
Gross Profit & Gross Profit Margin on the Income Statement
A video tutorial by PerfectStockAlert.com teaching the definition of gross profit and gross profit margin as well as the fundamental analysis benefits of these metrics. Visit our free website at http://www.PerfectStockAlert.com
- published: 08 Apr 2012
- views: 1322
2:47
Retail Tip: Gross Profit Margin
http://www.mycsquare.com
We're all in business to make a profit. But there's a big diff...
published: 08 Sep 2011
Retail Tip: Gross Profit Margin
http://www.mycsquare.com
We're all in business to make a profit. But there's a big difference between a markup and a gross profit percentage—and it could make or break your store.
- published: 08 Sep 2011
- views: 1807
1:26
Calculating Gross Profit Tip of the Week 6.8.2010
Learn how to calculate gross profit percentage is a key element in becoming profitable. Y...
published: 08 Jun 2010
Calculating Gross Profit Tip of the Week 6.8.2010
Learn how to calculate gross profit percentage is a key element in becoming profitable. You can use this calculation to figure out how much to sell your products for to obtain a reasonable gross profit.
- published: 08 Jun 2010
- views: 3370
2:20
Math in Daily Life : How to Calculate Gross Profit Margin
GPM, or gross profit margin, is a ratio that indicates profitability before taking into ac...
published: 21 Nov 2008
Math in Daily Life : How to Calculate Gross Profit Margin
GPM, or gross profit margin, is a ratio that indicates profitability before taking into account the different costs that are involved. Discover the difference between gross profit sales and total revenue with lessons from a math teacher in this free video on math calculations for daily life.
Expert: Jimmy Chang
Bio: Jimmy Chang has been a math teacher at St. Pete College for nearly a decade. He has a master's degree in math, and his specialties include calculus, algebra, liberal arts, math and trigonometry.
Filmmaker: Christopher Rokosz
- published: 21 Nov 2008
- views: 11217
1:04
Financial Planning Advice : How to Compute Gross Profit
Computing gross profit requires factoring out additional expenses, such as packaging and d...
published: 23 Apr 2009
Financial Planning Advice : How to Compute Gross Profit
Computing gross profit requires factoring out additional expenses, such as packaging and delivery. Find out the gross profit of a product before calculating the net profit with information from a registered financial consultant in this free video on business.
Expert: Patrick Munro
Contact: www.northstarnavigator.com
Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace.
Filmmaker: Reel Media LLC
- published: 23 Apr 2009
- views: 337
7:34
12. Assigning Costs to Inventory Using the Gross Profit Method
Financial Accounting assigning costs to inventory gross profit method mathematics business...
published: 16 Jun 2012
12. Assigning Costs to Inventory Using the Gross Profit Method
Financial Accounting assigning costs to inventory gross profit method mathematics business admin red river college Wise Guys videos
- published: 16 Jun 2012
- views: 528
5:34
Gross Profit Method To Determine Ending Inventory (Also Called Gross Margin Method)
Accounting for inventory using the gross profit method (also called gross margin method), ...
published: 20 Nov 2012
Gross Profit Method To Determine Ending Inventory (Also Called Gross Margin Method)
Accounting for inventory using the gross profit method (also called gross margin method), sometimes taking physical inventory is impractical or where inventory is destroyed or records are destroyed also auditors use this gross profit method, gross profit method relies on (3) assumptions, (1) Beginning inventory + purchases = total goods to be accounted for, (2) goods not sold must be on hand and (3) sales reduced to cost, deducted from the sum of opening inventory plus purchases equal ending, gross profit percentage is based on policies or prior period records, inventory, using the gross profit method can use to approaches to calculate ending (on hand) inventory, (1) traditional method and (2) income statement format method, using the traditional method, (beginning inventory + purchases = goods available, sales less gross profit as a percent of sales equals net sales, subtracting net sales from the goods available equals the estimated ending inventory, using the income statement approach start with gross profit on sales, subtract from total sales to determine cost of goods sold, cost of goods available subtracting cost of goods sold equals the ending inventory, detailed accounting example by Allen Mursau
- published: 20 Nov 2012
- views: 254
4:47
What's the Difference between Gross Profit and Net Profit? - Sasha Evdakov
I decided to discuss the difference between gross profit and net profit. Many business own...
published: 07 Aug 2012
What's the Difference between Gross Profit and Net Profit? - Sasha Evdakov
I decided to discuss the difference between gross profit and net profit. Many business owners do a lot of number crunching. Especially if you are trying to start a business, I have seen it more often than not where people number crunch all day long to see what they will be making. This goes from regular businesses to MLM businesses. They are constantly calculating the gross profit when in reality you should be looking at net profit.
The main difference between gross profit and net profit in simple terms is that gross profit takes no account of your expenses. Gross profit is your profit in summation to everything you have made. It does not look at expenses such as supplies, wages and salary, equipment, insurance, marketing costs, or any other expenses for that matter.
Net profit on the other hand does take into account all those expenses. Net profit is the money that is actually going into your bank. That is in fact what actually matters. Net profit is what you should be looking at when you are number crunching, but many people fail to do that and look at the gross.
the easy way remember gross profit and net profit if you're having a hard time remembering it is that "Gross profit" is the "Giant enormous profit."
In this video I explain the concept in a little bit more detail. Check it out and let me know what you think!
More videos at http://sashaevdakov.com
- published: 07 Aug 2012
- views: 440
3:29
| Chapter 04 | Calculating Profitability Ratios | Lesson 03 | (Gross profit & net profit margin) |
Recommendations:
1. Watch on 720p
2. Watch on Full Screen...
published: 26 Nov 2010
| Chapter 04 | Calculating Profitability Ratios | Lesson 03 | (Gross profit & net profit margin) |
Recommendations:
1. Watch on 720p
2. Watch on Full Screen
- published: 26 Nov 2010
- views: 3133
46:56
Gross Profit Method and Conventional Retail Inventory Method
Calculating ending inventory using the gross profit method and the conventional retail inv...
published: 25 Jan 2012
Gross Profit Method and Conventional Retail Inventory Method
Calculating ending inventory using the gross profit method and the conventional retail inventory method.
Intermediate Accounting II
January 24, 2012
http://www.surry.edu
- published: 25 Jan 2012
- views: 1297
9:44
Gross Profit Method (COGS & Inventory Based On Percent Of Sales Vs Markup On Cost)
Accounting using the gross profit method (gross margin method) to determine the cost of go...
published: 22 Nov 2012
Gross Profit Method (COGS & Inventory Based On Percent Of Sales Vs Markup On Cost)
Accounting using the gross profit method (gross margin method) to determine the cost of goods sold and estimate inventory destroyed (example based on inventory lost in a fire), using gross profit based on percentage of sales versus gross profit based on percent markup on cost, both cases takes beginning inventory plus purchases at cost and sales at selling price and subtract the gross profit to determine sales at cost, gross profit method relies on (3) assumptions, (1) Beginning inventory + purchases = total goods to be accounted for, (2) goods not sold must be on hand and (3) sales reduced to cost, deducted from the sum of opening inventory plus purchases equal ending, gross profit percentage is based on policies or prior period records, inventory, using the gross profit method can use to approaches to calculate ending (on hand) inventory, either as (1) as a percent of sales and (2) percent of markup of cost which requires converting the markup at cost percentage to the percent of sales, the gross profit percentage can be calculated either by (1) percentage mark up on cost or by (2) percentage markup of the selling price, based on the general equation (cost + gross profit = selling price), to determine either the gross profit on selling price or percentage markup on cost substitute either the markup at cost or percent of selling price as the gross profit in the general equation, based on the substitution (1) gross profit on selling price equals (percentage markup on cost divided by 100% + percentage markup on cost) and (2) percentage markup on cost equals (gross profit percentage divided by 100% - gross profit percentage selling price), if one of the percentages is know the other can be calculated based on the equation for each, (1) given the markup on cost the gross profit percent of sales can be calcuated and (2) given the gross profit percentage on selling price the percent markup on cost is calculated, detailed calculations by Allen Mursau
- published: 22 Nov 2012
- views: 149
Vimeo results:
10:24
Eyes With Shit...(Eyes Wide Shut pastiche)
Eyes With Shit...(Eyes Wide Shut pastiche)
L’atemporalité psychédélique de la mouvance de...
published: 14 Nov 2009
author: Patrice De Bruyne
Eyes With Shit...(Eyes Wide Shut pastiche)
Eyes With Shit...(Eyes Wide Shut pastiche)
L’atemporalité psychédélique de la mouvance des corps dans une orgie, dépasse la sensualité dans le sexe crade...
J'ai de suite pensé en me réveillant que cette nouvelle journée serait extraordinaire.
Cette splendide érection matinale était le meilleur des présages.
En m'étirant et grognant d'aise, je me suis demandé si mon chat, habitué aux massages ciblés (visant à me réveiller efficacement... et, en dernière analyse, à obtenir sa gamelle), en était responsable, mais non ; quelque chose de tiède et d'humide, indéniablement, venait d'ensérer mon sexe : le corps encore chaud de Sabrina en voulait encore.
Sabrina n'a jamais été du matin... et encore moins du soir.
De toute façon, je ne peux pas affirmer avec certitude que Sabrina eut été... à un quelconque moment de la journée..., mais a-t-elle vraiment été un jour ?
Cette fois, je n'aurais pas à aller me soulager sous la douche.
Depuis que cinq sages indiens avaient envahi ma salle de bain et m'avaient fait découvrir les "mystères profonds du corps", j'essaie, dans la mesure du possible, d'éviter la pièce, histoire de laisser mon fondement cicatriser entre chaque initiation.
Prenant mon prépuce entre le pouce et l'index, Sabrina tire un grand coup dessus, puis y clampe une pince à linge pour gagner encore quelques centimètres de peau, son but secret étant de m'offrir le prépuce le plus long du monde pour l'utiliser comme un pull pour mes coucougnettes quand l'hiver rude finira par arriver sur mon sexe.
Je décide alors que ça suffit de jouer avec mes couilles... et je me rhabille, pour vite aller profiter du beau temps.
C'est dimanche, il fait magnifique, et il me semble entendre le doux murmure du vent apaiser mon gland endolori...
Les arbres, les fleurs et la nature entière m'appellent à la l'harmonie, je me laisse porter par mon inspiration et je note sur un mur blanc : "Vergers au matin, humides comme un baiser"...
Puis, comme à mon habitude, après avoir pissé sur le même arbre que la veille et la veille de la veille et ainsi de suite jusqu'à plus foif... je rentre chez moi faire chauffer deux toasts 44 secondes sur la position 2 de mon grille-pain style années '60 et m'installe à ma modeste table Knoll en marbre blanc plaçée au centre de ma cuisine rouge, dotée d'une bonne vue sur le parc ce qui en l'occurence n'a pas d'importance puisque je me mets généralement à lire le journal de la veille, comme à mon habitude...
Puis, je décide d'appeler mon cher ami Patrick Henderikx sans avoir d'idée précise en tête... et lorsque le répondeur me répond (c'est la fonction d'un répondeur)..., je repose mollement le combiné et lève les yeux vers l'horloge de la cuisine, réalisant qu'avec toutes ces conneries je me suis à nouveau f... en retard... et j'ai toujours eu une sainte horreur d'être en retard, la ponctualité étant une question d'éducation.
Mon éducation avait, en effet, été sans faille, grâce à ma Sainte Maman qui m'avait appris à moucher son nez, dire bonjour et merci, arriver à l'heure et être propre sur moi.
La journée s'annonce chargée !
J'allume l'ordinateur par habitude et poursuit mon quotidien sans trop réfléchir aux prochains évènements qui allaient survenir...
Des piles de bouquins pas terminés d'auteurs en vogue du XXIème siècle, sont dans un coin, le dernier Houellebeck, (qui est une belle merde au passage) dans l'autre..., entre deux sachets de beuh thaïlandaise modifiée et coupée de divers neuro-stimulants... et quelques bouteilles de rhum, de degrés conséquent, elles mêmes en équilibre sur des amas de notes aléatoires écrites alors que je me shootais aux champis à l'insuline..., et que je fourmillais de phrases chocs et éparses, mais fortes à mon esprit.
Je me considérais alors, bien que ce soit encore le cas par moment actuellement, comme un mec qui gagne à être connu pour mes texticules... : amas de phrases s'entassant sur des post-it, eux mêmes perdus au milieu d'un tas de feuilles à moitiés blanches, sur lesquelles sont disséminés, çà et là, des textes avortés et des dessins incolores que je ne finirai sans doute jamais.
Voilà ce qu'est ma vie dans mes moments de perdition morale complète.
L'état de salubrité de mon appartement ressemble à l'intérieur de ma tête, un état proche de la psychologie Zen...
Lorsque je suis désespéré, anéanti par le poids des conséquences de mes actes... et par mes responsabilités, c'est tout un microcosme informe et bordélique qui prend le pas sur le vide des cinq cent quarante cinq mètres carrés de mon loft (le garage est en dessous, le tout étant une vieille usine années '30 relookée en style Bauhaus Zen avec quelques touches lascives des années '50 et énormément d'ultra-modernisme des années 2000.
Vivre seul me permet à peu près deux semaines sur deux si ce n'est plus de me laisser aller et de m'enfonce
6:16
Cardi-Body, from Russia with love...
Cardi-Body & Cardi-Curara...
Depuis quelques mois, les créations automobiles européennes ...
published: 29 Nov 2009
author: Patrice De Bruyne
Cardi-Body, from Russia with love...
Cardi-Body & Cardi-Curara...
Depuis quelques mois, les créations automobiles européennes (et encore moins américaines) ne me passionnent plus, tant elles me semblent issues d'une sorte d'eugénisme industriel ou la créativité n'est qu'un moyen publicitaire à usage des salons automobiles...
J'ai pourtant vécu quelques moments de bonheur au vu des concepts-cars électriques de Renault (Twizy et Zoe) et Peugeot (la BB1), me demandant pourquoi ces petits bijoux ne servent qu'à faire rêver les rêveurs... alors qu'une mise en production ne devrait pas être plus complexe que de fabriquer les petites horreurs re-stylées qu'on nous sert et ressert à grands coups de battages médiatiques distillant de vaines promesses et espoirs...
Ca fait longtemps que sous des faux principes sécuritaires, les Etats Européens détournent le sacro-saint principe de la liberté d'acheter et vendre partout..., un des piliers de la Communauté Européenne, que tous les Etats membres s'échinent à contourner en créant de multiples contraintes et obligations qui s'avèrent bien pires et plus sournoises que les taxations douanières qui servaient de barrières...
A force de taxer et de contraindre le monde de l'automobile est devenu gris et sans véritable saveur, robotisé, quasi uniforme et les automobiles qui sortent du lot, comme les Ferrailleries et Porscheries jusqu'à l'indigestion, ne sont que des arnaques bien plus sophistiquées que leurs mécaniques, vendues non plus par rapport à ce qu'elles ont couté, mais en fonction de ce que les cibles sélectionnées peuvent payer pour leur soif de paraître et pour étancher leur égo...
Il n'y a plus de véritable passion dans ces calculs sordides si ce n'est celle que doit procurer un hold-up réussi, sachant que les crétins qui se sont à la fois fait piéger et se sont piégés eux-mêmes, devront continuer à payer des sommes mirobolantes pour entretenir l'objet de leurs désirs inventés...
C'est cela, également, qui a détruit irrémédiablement les nombreux créateurs et petits industriels automobiles, qui inventaient et fabriquaient des voitures totalement hors-normes, en petites séries.
Certes, ces réalisations artisanales n'étaient pas toutes exceptionnelles, loin de là, beaucoup étaient d'horribles petits canards déformés, des engins apocalyptiques ou des retours aux sources, parfois complexes, souvent faciles et désuets..., mais, en tous les cas, c'était du rêve plus ou moins accessible.
Le plus grand succès commercial de ce type d'engin, furent les répliques, il y en eut d'extraordinaires, mais bien plus d'abominables..., les "Cobra" arrivant à réunir ces deux extrèmes, vers le top-niveau avec les "continuations " AC MKIV et Shelby'revival CSX4000 series..., les Arntz et Dax..., puis, descendant vers le pire avec les Pilgrim 4 et 6 cylindres et surtout les Scobra montées maladroitement sur des chassis de VW coccinnelle en conservant le flat-four arrière...
Il n'empèche, que même si cela faisait rire, les moins lotis de la vie pouvaient ainsi jouer à faire "comme-si " ils étaient riches...
Les complications administratives délibérées, les obligations de contrôle technique, les homologations et attestations de toutes sortes, les sur-taxations, la mise en place de nos sociétés hyper-policées imposant les diktats du Nouvel Ordre Mondial par "une stratégie de la peur "... et les principes appliqués de la tolérance zéro pour tout (et n'importe quoi)..., ont peu à peu dégouté les "ceusses " (les petits constructeurs) qui continuaient à vouloir jouer dans la cour des grands (les grandes marques automobiles)... et comme les lois en matière d'homologation et d'immatriculation sont devenues drastiques et incontournables, tous ces engins, catalogués "Kit-Cars " à défaut d'être reconnus comme vraies marques individualistes..., sont devenus quasi inutilisables et in-revendables...
Le manque de moyens financiers a dès-lors tué cette industrie qui a du se reconvertir dans la fabrication de pièces "tuning " et/ou dans la construction d'engins "aux-normes ", forcément infiniment plus chers, donc peu concurrentiels avec les voitures "de niche " des grands constructeurs...
La crise de 2008 a terminé d'achever les plus faibles, quoique certains irréductibles créatifs survivent encore...
C'est de Russie que vient une sorte de renouveau, mais aucun média automobile occidental n'en cause parce que les journaleux "de chez nous " ne se déplacent que si les voyages sont pré-payés, avec cadeaux à la clé et reportages pré-machés.
Notez qu'à la lecture de mes articles, beaucoup se mettent à publier quelques infos et photos...
Vous avez pu le constater avec l'article en 4 parties sur les Marussia B1, B2, B3 et B4..., aucun magazine n'en a jamais "parlé " véritablement, sinon sous forme d'entre-filets méprisants...
Et pourtant, avec un prix de 70.000 euros, par rapport à ce que les ténors du haut de gamme occidental pro
3:52
Bill Moyers Essay: Plutocracy and Democracy Don't Mix
An excerpt from "Bill Moyers Journal"
(premiered April 30, 2010)
BILL MOYERS: You've no d...
published: 28 Nov 2011
author: BillMoyers.com
Bill Moyers Essay: Plutocracy and Democracy Don't Mix
An excerpt from "Bill Moyers Journal"
(premiered April 30, 2010)
BILL MOYERS: You've no doubt figured out my bias by now. I've hardly kept it a secret. In this regard, I take my cue from the late Edward R. Murrow, the Moses of broadcast news.
Ed Murrow told his generation of journalists bias is okay as long as you don't try to hide it. So here, one more time, is mine: plutocracy and democracy don't mix. Plutocracy, the rule of the rich, political power controlled by the wealthy.
Plutocracy is not an American word but it's become an American phenomenon. Back in the fall of 2005, the Wall Street giant Citigroup even coined a variation on it, plutonomy, an economic system where the privileged few make sure the rich get richer with government on their side. By the next spring, Citigroup decided the time had come to publicly "bang the drum on plutonomy."
And bang they did, with an "equity strategy" for their investors, entitled, "Revisiting Plutonomy: The Rich Getting Richer." Here are some excerpts:
"Asset booms, a rising profit share and favorable treatment by market-friendly governments have allowed the rich to prosper...[and] take an increasing share of income and wealth over the last 20 years..."
"...the top 10%, particularly the top 1% of the US-- the plutonomists in our parlance-- have benefited disproportionately from the recent productivity surge in the US...[and] from globalization and the productivity boom, at the relative expense of labor."
"...[and they] are likely to get even wealthier in the coming years. [Because] the dynamics of plutonomy are still intact."
And so they were, before the great collapse of 2008. And so they are, today, after the fall. While millions of people have lost their jobs, their homes, and their savings, the plutonomists are doing just fine. In some cases, even better, thanks to our bailout of the big banks which meant record profits and record bonuses for Wall Street.
Now why is this? Because over the past 30 years the plutocrats, or plutonomists — choose your poison — have used their vastly increased wealth to capture the flag and assure the government does their bidding. Remember that Citigroup reference to "market-friendly governments" on their side? It hasn't mattered which party has been in power — government has done Wall Street's bidding.
Don't blame the lobbyists, by the way; they are simply the mules of politics, delivering the drug of choice to a political class addicted to cash — what polite circles call "campaign contributions" and Tony Soprano would call "protection."
This marriage of money and politics has produced an America of gross inequality at the top and low social mobility at the bottom, with little but anxiety and dread in between, as middle class Americans feel the ground falling out from under their feet. According to a study from the Pew Research Center last month, nine out of ten Americans give our national economy a negative rating. Eight out of ten report difficulty finding jobs in their communities, and seven out of ten say they experienced job-related or financial problems over the past year.
So it is that like those populists of that earlier era, millions of Americans have awakened to a sobering reality: they live in a plutocracy, where they are disposable. Then, the remedy was a popular insurgency that ignited the spark of democracy.
Now we have come to another parting of the ways, and once again the fate and character of our country are up for grabs.
So along with Jim Hightower and Iowa's concerned citizens, and many of you, I am biased: democracy only works when we claim it as our own.
1:37
Created for Change
Crux Watches are created for style, fun, comfort, and most of all, change. This video sho...
published: 21 Jan 2012
author: Crux Watches
Created for Change
Crux Watches are created for style, fun, comfort, and most of all, change. This video showcases Crux Watches in many color configurations that place an emphasis on the ability to change your style and help change the world in the process. Learn more at http://cruxwatches.com.
Crux is partnered with amazing non-profit organizations that are actively changing the world through healing, education, and mentorship of underprivileged and impoverished youth. By purchasing a Crux product you're choosing to support great causes. Crux donates 10-25% of gross sales to the non-profits we support.
Gear:
Canon 5D Mark II, 24-105mm f/4L, 50mm f/1.4, GoPro, and GoPro HD2
Shot in Encinitas, CA
Credits:
Director of Photography & Editor: David Zimmermann (http://twitter.com/davidzimm)
Photographer: Selena Frederick (http://chevalphotos.com)
Makeup Artist: Cynthia Maselli (http://makeupbycynthia.com)
Models: Justin Pulsifer, Michael Wong, Jordan Romania, Randy Cordova, Taylor Blake, Gianna Rae Zangari, and Kirsten Abrahamson
Music: "Eyes Be Closed" by Washed Out (http://www.myspace.com/thebabeinthewoods)
Thank you to everyone!
Youtube results:
7:45
Income Statement; Gross Profit Percent; Inventory Turnover - Accounting video
Overview of the single step and multi-step income statements as well as a demonstration of...
published: 04 Jan 2011
Income Statement; Gross Profit Percent; Inventory Turnover - Accounting video
Overview of the single step and multi-step income statements as well as a demonstration of the gross profit percentage and the inventory turnover.
Part 1 - Operating Cycle, Inventory, Purchase Discount Terms
Part 2 - Purchase Discounts and Purchase Returns and Allowances Example
Part 3 - Selling Inventory
Part 4 - Adjusting and Closing
For more accounting/how to eLectures (and accompanying lecture notes), blog and a discount textbook-store visit www.TheAccountingDr.com
Please note that videos may require Flash media and may not play on devices without Flash capabilities (i.e. iPad).
- published: 04 Jan 2011
- views: 1496
48:10
Gross Profit Method & Relative Sales Value Method
Calculating inventory values using the Gross Profit Method or Relative Sales Value Method....
published: 23 Jan 2012
Gross Profit Method & Relative Sales Value Method
Calculating inventory values using the Gross Profit Method or Relative Sales Value Method.
Intermediate Accounting II
January 17, 2012
http://www.surry.edu/
- published: 23 Jan 2012
- views: 400
8:02
Gross Margin
What is gross margin, what does it measure, and why is it important to my business? What a...
published: 22 Dec 2010
Gross Margin
What is gross margin, what does it measure, and why is it important to my business? What are the component parts? How is it figured? What other formulas will I need to understand in order to figure net margin? How is it different than net income or net profit? How does it relate to COGS?
- published: 22 Dec 2010
- views: 4319
7:51
Gross Profit Equation (Calculating Gross Profit Percentage, Selling Price Vs Cost Markup)
Accounting for the gross profit percentage (gross profit method), the gross profit percent...
published: 21 Nov 2012
Gross Profit Equation (Calculating Gross Profit Percentage, Selling Price Vs Cost Markup)
Accounting for the gross profit percentage (gross profit method), the gross profit percentage can be calculated either by (1) percentage mark up on cost or by (2) percentage markup of the selling price, based on the general equation (cost + gross profit = selling price), to determine either the gross profit on selling price or percentage markup on cost substitute either the markup at cost or percent of selling price as the gross profit in the general equation, based on the substitution (1) gross profit on selling price equals (percentage markup on cost divided by 100% + percentage markup on cost) and (2) percentage markup on cost equals (gross profit percentage divided by 100% - gross profit percentage selling price), if one of the percentages is know the other can be calculated based on the equation for each, (1) given the markup on cost the gross profit percent of sales can be calcuated and (2) given the gross profit percentage on selling price the percent markup on cost is calculated, detailed calculations by Allen Mursau
- published: 21 Nov 2012
- views: 177