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.
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Profits paid to stockholders are called dividends.
how are the profits divioded in a sloe trading buisness
Entrepreneurs were merchants who took risks in the hope of high profits.
by gaining profits
A provision is a charge against the profits of a Company (or a set-aside) while a reserve is a transfer of profits. You could also call reserve a book entry, or a below the line adjustment. Provision is made irrespective of profits, for instance, a provision against Bad and Doubtful debts. A reserve is created out of, and only if there exists, profits.
That's a manufacture's question. They might not let you look at their books (book keeping books).
a) On the first Rs. 75,000 of _ Rs. 50000 or @ 90% of book profit, whichever the book profits is more b) On the next Rs. 75,000 _ @ 60% c) On the balance of _ @ 40% book profit
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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
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