The term "Maximum profit" refers to the maximum amount of money that can possible be made from selling a particular product of everything goes completely to plan. The term to "maximise profits" refers to the action of changing certain variables to do with sales to make more money in a shorter time.
Basically it means what it sounds like.
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Bottom-line profits
greater then economic profits,as accounting profits do not include implicit costs
SmartShop's profits have been growing at 5% per year. This year their profits were approximately $500,000. What were their profits last year?
The answer depends on the period for which the old profits are required.
The company's profits decreased by 12%
Profits = revenues - expenses
They recieved few profits
The Profits of Religion was created in 1917.
The Profits of Extermination was created in 2005.
475000
Also referred to as paper profits. They are profits that appear on you P&L. Whether they are real or not is a different topic.