What is Total Expenditure?
Answers were Sorted based on User's Feedback
Answer / vinotha.v
total expenditure = net profit - gross profit
Is This Answer Correct ? | 17 Yes | 7 No |
Answer / somayeh
Consider now a few total expenditure calculations. Total expenditure is calculated as price times quantity.
For example, if the price is 18 cents per minute and the corresponding quantity demanded is 1 million minutes, then total expenditure on Digital Distance telephone services is $180,000 (= $0.18 x 1,000,000).
Alternatively,if the price is 10 cents per minute and the corresponding quantity demanded is 5 million minutes, then total expenditure is $500,000 (= $0.10 x 5,000,000).
Or, if the price is 2 cents per minute and the corresponding quantity demanded is 9 million minutes, then total expenditure on Digital Distance telephone services is also $180,000 (= $0.02 x 9,000,000).
Note that as the price declines from 18 cents to 10 cents, total expenditure increases from $180,000 to $500,000. However, as the price declines further from 10 cents to 2 cents, total expenditure decreases from $500,000 to $180,000. This pattern of increasing then decreasing total expenditure is related to the changing price elasticity of demand on the demand curve.
Is This Answer Correct ? | 8 Yes | 1 No |
Answer / prabhash
total expenditure includes creditors, Tax, Admin exp. etc.
Is This Answer Correct ? | 1 Yes | 9 No |
Answer / guest
Total Expenditure is a term used in the Charities Act 1993
in relation to thresholds for scrutiny of non-company
charity accounts, preparation of annual reports and
submission of annual reports and accounts to the
Commission.
Is This Answer Correct ? | 6 Yes | 17 No |
expand R T C
Expand-----TOA
how to take print checks in tally
2 Answers SMS Pharmaceuticals,
What is going concern concept?
what do Loan Loss Coverage Ratio mens describe it with examples?
what is meant by factorising
what is the differences and similarities of cash inflow , revenue & gain
Journal entries if the following line items are given as adjustment in balance sheet and p l a/c Fire accident of inventory Case 1. No insurance coverage Case 2.partly insurance coverage Case 3. Fully insurance coverage
How should you treat money donated to improve a building, which is a permanent endowment?
what experience you are having in payroll?
what is Reverse Repo Rate?
4 Answers ICICI, Nabard, SEBI, State Bank Of India SBI,
What are the various means of calculating depreciation?