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Most of the profit comes from advestising or having the members pay a fee to join. The amount paid from advertising is based around how many hits the site generates over a period of time.
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Why net profit added in capital?
Net profit of current fiscal year added in capital because it is part of owners capital because owners have invested capital to earn profit.
What is profit retention?
it is the profit that is not distributed to the owners. In an LLC, the earnings are the property of the owners in direct relationship to the amount of stock. But the company can not afford to distribute that profit to the owners when there is inventory to build, receivables that are not collected, bills to pay, and maybe equipment to purchase.
Why is profit important to a business owner?
Profit is an important reward to business owners since in setting up and running the business the owners are taking a risk with their money. They make nothing if the business does not generate a profit. This also applies to shareholders, since they are also the owners.
How do owners get profit from limited company?
by o
Why profit is at liability side?
Profit is part of owners equity that's why profit is shown as an addition to paid in capital or owners equity section and that's why it is also shown in liability side of balance sheet.
What was the goal of large plantation owners?
to make profit
What is the journal entry for profit transfer from profit and loss account to balance sheet?
Debit profit and loss accountCredit owners capital
What is the web address of the Nurtureart Non-Profit in Brooklyn New York?
The web address of the Nurtureart Non-Profit is: http://www.nurtureart.org
Did boat owners profit from the transatlantic slave trade?
yes
What is a business firm with many owners who each owns shares called?
A business with many owners with each owning shares of the firm is called a corporation. Corporations can be a profit or not for profit business.
Can small dog sit on owners lap on plane?
no ;
What are explanation of maximization of shareholders profit?
explain how to make the most money (profit) for stock owners of a company. A return on their investment.
