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 |
What is mean by Journalising ?
13 Answers Capital IQ, Su Kam,
What is the journal entry of.Tds. ?
what are the basic accounting entreis ?
what is the difference between valuation class and valuation area in sap FICO
Expand ________GAAP
what is mean by credit sales?
Expand---------ABCDE
how Mis reports are used?n why it is used ? explain
You configured new asset accounting with three depreciation areas that post in real time. You need to do a partial scrapping to an asset in transaction type. How many document does the transaction create ?( any 1 answer) 1 3 4 6
Enter the following in the petty cash book, using appropriate expenditure column headings. the book is kept in the the amount of imprest system. the amount of imprest is #40,000
When u r using Automatic Payment Programme?
what is Accounting Standers?