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vocabulary term definition formula net profit is the money left after a…

Question

vocabulary term definition formula
net profit is the money left after all costs
have been deducted from _.
revenue - expense = net profit
slide 24
$60 revenue - $50.04 expense = _ net profit
$300 revenue - $250.20 expense = _ net profit
vocabulary term definition formula
profit margin shows the _ of
revenue that becomes profit, highlighting
the businesss efficiency.
(net profit/revenue) × 100 = profit margin
slide 26
$0.83 net profit per unit ÷ $5 selling price per unit = _
vocabulary term definition formula
return on investment measures how
efficiency an investment generates profit
_ to its cost.
(net profit - investment cost/investment cost) × 100 = return on investment
slide 27
($30,000 net profit - $7,500 investment cost ) / $7,500 investment cost =
× 100 = _ roi
a good roi, generally 10% to 15% return on investment. an excellent roi, typically start around 20% or higher
pricing strategy (slide 28)
pricing strategy is how a business sets _ to cover costs and make a profit.

Explanation:

Step1: Net Profit Formula

According to the formula Revenue - Expense = Net Profit, the first blank is Revenue.

Step2: First Net Profit Calculation

For $60$ revenue and $50.04$ expense, $60 - 50.04=\$9.96$.

Step3: Second Net Profit Calculation

For $300$ revenue and $250.20$ expense, $300 - 250.20=\$49.80$.

Step4: Profit Margin Definition

Profit Margin shows the percentage of revenue that becomes profit.

Step5: Profit Margin Calculation

Using the formula $\frac{Net\ Profit}{Revenue}\times100$, with $0.83$ net - profit per unit and $5$ selling price per unit (revenue per unit), $\frac{0.83}{5}\times100 = 16.6\%$.

Step6: Return on Investment Definition

Return on Investment measures how efficiently an investment generates profit relative to its cost.

Step7: Return on Investment Calculation

First, $(30000 - 7500)\div7500=3$, then $3\times100 = 300\%$.

Step8: Pricing Strategy Definition

Pricing strategy is about setting prices to cover costs and make a profit.

Answer:

  1. Revenue
  2. $9.96
  3. $49.80
  4. Percentage
  5. $0.83\div5\times100 = 16.6\%$
  6. Relative
  7. $(30000 - 7500)\div7500\times100 = 300\%$
  8. Prices