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How do I calculate operating expense
-- K.E. Tx. |
See how much you have to spend and deduct what you have actually spent.
Seriously though, how do you expect to get an answer on a question as vague as this? Give some details of what you want to achieve, have a look at this from John Walkenbachs site and try again. http://j-walk.com/ss/help/newsgrp.htm Regards, Alan. "KAE1994" wrote in message ... -- K.E. Tx. |
Hello Alan,
Ok, here's as much info as I have to go by. For my college Math course, I have to give ratios on three companies. And one of them does give the Operating Expenses. However, it gives Net Revenue,cost of goods sold, Gross profitsCurrent Assets, Current Liabilities, Total assets and Liabilities,Cash, and Marketable Securities. How do I calculate Operating Expenses with what I do have? Nothing in class text about it. Can you PLEASE help me? Thank you very much for any help you offer! -- K.E. Tx. "Alan" wrote: See how much you have to spend and deduct what you have actually spent. Seriously though, how do you expect to get an answer on a question as vague as this? Give some details of what you want to achieve, have a look at this from John Walkenbachs site and try again. http://j-walk.com/ss/help/newsgrp.htm Regards, Alan. "KAE1994" wrote in message ... -- K.E. Tx. |
This isn't a math or a finance help chat, this is an Excel help chat. If you
don't have an Excel question then don't post. -- Regards, Dave "KAE1994" wrote: Hello Alan, Ok, here's as much info as I have to go by. For my college Math course, I have to give ratios on three companies. And one of them does give the Operating Expenses. However, it gives Net Revenue,cost of goods sold, Gross profitsCurrent Assets, Current Liabilities, Total assets and Liabilities,Cash, and Marketable Securities. How do I calculate Operating Expenses with what I do have? Nothing in class text about it. Can you PLEASE help me? Thank you very much for any help you offer! -- K.E. Tx. "Alan" wrote: See how much you have to spend and deduct what you have actually spent. Seriously though, how do you expect to get an answer on a question as vague as this? Give some details of what you want to achieve, have a look at this from John Walkenbachs site and try again. http://j-walk.com/ss/help/newsgrp.htm Regards, Alan. "KAE1994" wrote in message ... -- K.E. Tx. |
KAE1994 wrote:
Hello Alan, Ok, here's as much info as I have to go by. For my college Math course, I have to give ratios on three companies. And one of them does give the Operating Expenses. However, it gives Net Revenue,cost of goods sold, Gross profitsCurrent Assets, Current Liabilities, Total assets and Liabilities,Cash, and Marketable Securities. How do I calculate Operating Expenses with what I do have? Nothing in class text about it. Can you PLEASE help me? Thank you very much for any help you offer! Operating Expenses is Net Revenue less Cost of Goods Sold less Gross Profit. And it would seem to be an ACCOUNTING question, not a Mathematics question, because you wouldn't know how to do this unless you knoew about accounting methods and terminology. HTH -- Gordon Burgess-Parker Systems and Management Accounting www.gbpcomputing.co.uk |
Gordon,
Thank you very much for your consideration of my problem. And your help. I appreciate that very much. It has been a very long time since I had done any business accounting. When I first looked at my spreadsheet, I thought the answer your offered me was correct, even before I requested any help here. BUt it just didn't look right after I did the calculation. Again THANK YOU VERY MUCH for your help. -- K.E. Tx. "Gordon" wrote: KAE1994 wrote: Hello Alan, Ok, here's as much info as I have to go by. For my college Math course, I have to give ratios on three companies. And one of them does give the Operating Expenses. However, it gives Net Revenue,cost of goods sold, Gross profitsCurrent Assets, Current Liabilities, Total assets and Liabilities,Cash, and Marketable Securities. How do I calculate Operating Expenses with what I do have? Nothing in class text about it. Can you PLEASE help me? Thank you very much for any help you offer! Operating Expenses is Net Revenue less Cost of Goods Sold less Gross Profit. And it would seem to be an ACCOUNTING question, not a Mathematics question, because you wouldn't know how to do this unless you knoew about accounting methods and terminology. HTH -- Gordon Burgess-Parker Systems and Management Accounting www.gbpcomputing.co.uk |
DaveB,
It was an Excel question, and I can not believe the rudeness in your answer. I was TRYING to do an assignment using the EXCEL program, as it was in excel format to begin with. I sincerely apologize for wasting your time -- K.E. Tx. "DaveB" wrote: This isn't a math or a finance help chat, this is an Excel help chat. If you don't have an Excel question then don't post. -- Regards, Dave "KAE1994" wrote: Hello Alan, Ok, here's as much info as I have to go by. For my college Math course, I have to give ratios on three companies. And one of them does give the Operating Expenses. However, it gives Net Revenue,cost of goods sold, Gross profitsCurrent Assets, Current Liabilities, Total assets and Liabilities,Cash, and Marketable Securities. How do I calculate Operating Expenses with what I do have? Nothing in class text about it. Can you PLEASE help me? Thank you very much for any help you offer! -- K.E. Tx. "Alan" wrote: See how much you have to spend and deduct what you have actually spent. Seriously though, how do you expect to get an answer on a question as vague as this? Give some details of what you want to achieve, have a look at this from John Walkenbachs site and try again. http://j-walk.com/ss/help/newsgrp.htm Regards, Alan. "KAE1994" wrote in message ... -- K.E. Tx. |
It doesn't look like this group has been very helpful as to the problem you
posted. It's an unfortunate result of Microsoft having let go of the old CompuServe forum when they turned it over to public newsgroups. You don't want to watch people making sausage, legislation, or answers to questions regarding Excel. "Business Analysis with Excel" discusses the problem you pose. The usual definition of Operating Income (I know, your question concerns Operating Expenses; please give me a moment here) is: Net Sales (aka Net Revenue) less COGS less Operating Expenses Operating Expenses is usually defined as Selling Expenses plus Administrative Expenses. So, per Meigs and Meigs, if your net sales = $900,000 and your COGS = $530,000, your Selling Expenses (aka Cost of Sales) = $117,000 and your Administrative Expenses (aka G&A) = $126,000, then your Operating Income = $127,000, and your Operating Expenses = $243,000. Now: if you haven't been given Cost of Sales and G&A, or figures that enable you to derive or back into them, then you can't calculate Operating Expenses, whether you use Excel, paper and pencil, or Incan rope knots. I think that your question is entirely appropriate to this newsgroup (although you shouldn't cross-post, if indeed you did so; lots of us have done that before we learned not to). I apologize on behalf of the people who dissed you, and I hope the experience doesn't chase you away. This _can_ be a useful way to learn about Excel, no matter what your requirements. Per Paul Simon, just disregard the rest. C^2 Conrad Carlberg Excel Sales Forecasting for Dummies, Wiley, 2005 |
Hi Kae.
I don't really think that DaveB was really trying to be rude to you. I think rather that what he meant was that this forum is one that looks at problems people have with a specific Excel problem such as a VLOOKUP or SUMPRODUCT formula that doesn't work or doesn't return the result that was expected. To ask for a solution to an overall accounting or maths question such as you describe is outside the scope of this forum. You need to decide what you want to do with the spreadsheet, and how you are going to do it to achieve your goal yourself,and at least make a start on it. Then, if you have a query with a formula or whatever then post here where people will be happy to help, but I don't think anyone on here will be able (or willing) to enter into a solution to the question you replied to me, Don't be disheartened though, you'll get there in the end. Regards, Alan. "KAE1994" wrote in message ... Hello Alan, Ok, here's as much info as I have to go by. For my college Math course, I have to give ratios on three companies. And one of them does give the Operating Expenses. However, it gives Net Revenue,cost of goods sold, Gross profitsCurrent Assets, Current Liabilities, Total assets and Liabilities,Cash, and Marketable Securities. How do I calculate Operating Expenses with what I do have? Nothing in class text about it. Can you PLEASE help me? Thank you very much for any help you offer! -- K.E. Tx. "Alan" wrote: See how much you have to spend and deduct what you have actually spent. Seriously though, how do you expect to get an answer on a question as vague as this? Give some details of what you want to achieve, have a look at this from John Walkenbachs site and try again. http://j-walk.com/ss/help/newsgrp.htm Regards, Alan. "KAE1994" wrote in message ... -- K.E. Tx. |
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