The company's income implies the receipt of an amount of cash as a result of its activities (production of goods, sale). This indicator can also increase due to the issued securities at the enterprise.
Instructions
Step 1
Determine what your firm's income consists of. As a rule, this is money that was received directly from the sale of a product (produced or resold) or services. In other words, it is the gross profit of the organization. The second constituent element of income is the costs of the firm. They represent a certain amount of money spent in the production and sale of goods (works or services). In turn, costs can be divided into fixed (expenses for paying salaries, for administering and managing a company, maintaining assets, renting premises) and variable (money spent on the purchase of materials and raw materials from which the goods are made).
Step 2
Calculate the amount of taxes that the company pays for the year (this is if you need to calculate the income of the company for one year). The tax can be calculated based on the value of the tax base and the corresponding interest rate. In turn, the taxable base itself is calculated based on the amount of gross income and expenses.
Step 3
Calculate the income that the company receives. To do this, use the following formula: enterprise income (or net profit) = gross profit - (variable costs + fixed costs) - the amount of taxes.
Step 4
Determine the marginal income (the marginal or additional income the company receives from the sale of each additional unit of production). This income is received from the sale of goods after reimbursement of the amount of variable costs. In order to calculate the value of this indicator, use the formula: TR - TVC, where TR is the amount of income, TVC is the amount of variable costs. Thus, the amount of marginal income will mean the amount of the company's contribution intended to cover all fixed costs, as well as the formation net profit.
