Profit means the excess of income in monetary terms (proceeds from the sale of goods) over the costs of the production activities of the company or the acquisition, as well as the sale of these products.
Instructions
Step 1
Calculate the profit from the sale of manufactured products. To do this, subtract the total cost of these goods from the proceeds from the sale of manufactured products: Pr = Bop - Cn, where Pr is the value of profit from the sale of goods; Cn is the indicator of the total cost of goods sold; Bop is the amount of proceeds from the sale of products.
Step 2
You can find profit from the sale in another way. To do this, use the following formula: Pr = C x Vr - C = Vr x (C - Sed), where Ced is the value of the total cost of one unit of production; C is the cost; Vr is the indicator of the volume of goods sold; C is the price per unit of production …
Step 3
Calculate the profit from revenue as a percentage. This indicator is called profitability, and analyzing its change over time helps to make the best management decisions. In turn, in order to find the indicator of profitability, divide the value of the profit received for one month by the amount of the revenue received, and then multiply the resulting value by 100%. It should be borne in mind that different types of production activities are characterized by their own degree of profitability. However, despite all this, using this indicator, you can compare your own business with many others (similar).
Step 4
You can calculate the profit in the form of the difference between the proceeds from the products sold and the sum of the economic costs. It is in the form of revenue that the firm's income is formed.
Step 5
Please note that the main factors of the first order that have a significant impact on the value of profit from the sale of finished goods are: cost and unit price of finished goods, assortment shifts (changes) in the composition of manufactured products and sales volume.
Step 6
Find the amount of net profit, which is part of the balance sheet profit after tax and other mandatory payments. Moreover, its value directly depends on the amount of the firm's revenue, the cost of goods, the amount of non-operating and operating income and expenses. In turn, you can calculate this indicator in the form of the sum of profit from the sale of products, profit from other operations performed and the difference between the amounts of income and expenses from non-sales activities of the enterprise.
