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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SmartShop's profits have been growing at 5% per year. This year their profits were approximately $500,000. What were their profits last year?
Bottom-line profits
greater then economic profits,as accounting profits do not include implicit costs
The company's profits decreased by 12%
The answer depends on the period for which the old profits are required.
They recieved few profits
Profits = revenues - expenses
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.
Profits - Expense = Savings and Investment Profits keep a business going as long is it is more than expense.
The Profits of Religion was created in 1917.