Business Management Consulting Key Equations Exm

Business Management Consulting Key Equations Exam 2024 Revenue - ANS-= Quantity * Price Revenue is the amount of money a company brings in from selling its products. This can be calculated by taking the number of units sold and multiplying it by the price per unit. Example: Your company sells shirts for $20 each. Last year, your company sold 1,000 shirts. So, your total revenue last year was 1,000 * $20 = $20,000. Total Variable Costs - ANS-= Variables Costs * Quantity Costs are payment...