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Jun 12, 2024 · Profit is a financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to sustain the activity. Any profit that is ...
PROFIT definition: 1. money that is earned in trade or business after paying the costs of producing and selling goods…. Learn more.
Examples of operating expenses include sales expenses, marketing, advertising, salaries and wages, employee benefits, depreciation, rent, commissions, and any other costs that relate to the ongoing operations of the business. 3. Net Profit. Net profit (also called net income or net earnings) is the value that remains after all expenses ...
Apr 21, 2023 · Levels of Profitability. There are three primary levels of profit of interest to investors: 1). Gross Profit. Gross profit subtracts only the direct cost of producing goods from the total revenue. Since the cost of producing goods is an inevitable expense, some investors view this as a measure of a company's overall ability to generate profit. 2).
The meaning of PROFIT is a valuable return : gain. How to use profit in a sentence.
