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Accounting Profit

P=TR-EC
(TR)Total Revenue
(EC)Total Explicit Cost or Expenses

The Accounting Profit calculator computes the accounting profit as a function of revenue and expenses.

INSTRUCTIONS: Choose units and enter the following:

  • (TR) Total Revenue
  • (EC) Total Explicit Costs or Expenses   

Accounting Profit (P): The calculator returns the profit in U.S. dollars.  However, this can be automatically converted to other currency units via the pull-down menu.

Accounting and Balance Sheet Calculators

Account Profit

Profit, in accounting, is an income distributed to the owner in a profitable market production process (business). Profit is a measure of profitability which is the owner’s major interest in income formation process of market production. There are several profit measures in common use. (Wikipedia)

Resource:

  • Mankiw, N. Gregory. "Chapter 13:What Are Costs?" Principles of Microeconomics. 6th ed. Mason, OH: Thomson/South-Western, 2004. 260-62. Print.