how to calculate avarage profit
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An average profit calculation formula might look like average revenue – average cost = average profits. For example, if a company makes $100, $200 and $300 in the first three years of its business, but loses $200 in the fourth, then the profit formula for the business would read: ($100 + $200 + $300 - $200) ÷ by 4.
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0
Answer:
An average profit calculation formula might look like average revenue – average cost = average profits. For example, if a company makes $100, $200 and $300 in the first three years of its business, but loses $200 in the fourth, then the profit formula for the business would read: ($100 + $200 + $300 - $200) ÷ by 4.
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