Accounting Profit

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

• Accounting Profit - Accounting Profit is an income distributed to the firm in a profitable market production process (business).
• Accounting Assets - Value of assets (current and fixed) of a company
• Owners Equity - Assets minus Liabilities
• Accounting Liabilities - Liabilities are equal to the Assets minus the Shareholders Equity.
• Accounting Assets based on liabilities, stocks, retained earnings, revenue and expenses.
• Economic Profit - Includes revenue and explicit and implicit costs.
• Return On Investment (ROI) - The ROI equation is used to measure the benefits of a particular investment or to compare the performance or benefits across several other investments. It is also known as the rate of return.
• Cash Variance - Variance is the difference between a budgeted, planned or standard cost and the actual amount incurred/sold.
• Cash Variance % - Variance as a percentage
• Cash Variance % (v2)  - Variance percent. 
• compute the sum of Expenses, Revenue sources, Liabilities, Stocks, etc,CLICK HERE.

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.