how do you define net loss?
I know what net gain is.
thanks

 

The result that occurs when expenses exceed the income produced.

 

http://www.investopedia.com/terms/n/netloss.asp

 

same place I posted? lol

 

:chuckles:

Nice! Different place, but same def.

 

so how would you calculate net loss?

 

GOOGLE IT! :doh:

 

Someone has logged on as Tony, and is making him look less internet savvy :hsd:

 

I think tony is cheating on a test o:

 

basically the same way you would find your net gain.

net gain is going to be your total sales minus your fixed and flex expenses.


so lets say your sales total 30,000 for the month, now your fixed expenses comes in at 18000 and your variable expenses come in at another 18000 giving you a monthly expense total of 36000. your going to wind up with a negative difference of 6000 when u subtract your expenses from your sales, that would be a net loss of 6 grand for the month....

at least thats the way i figure it