Net Concession Calculator

Calculate Net Concession (NC)



Formula

The formula to calculate the Net Concession (NC) is:

\[ NC = GC - CE \]

Where:

Definition

Example

Let's say the gross concession (GC) is $5000 and the concession expenses (CE) are $2000. Using the formula:

\[ NC = 5000 - 2000 = 3000 \]

So, the net concession is $3000.