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Profit and wealth is left after all the expenses of running a business are deducted from the income.
Spending money.
Profit
Gross profit is the amount left over after all expenses have been paid. The owner or owners or share holders do get to keep that money but, part of it and probably most of it will be put back into the business to help the business grow.
profit/ net profit
ProfitMoney that is left after all business expenses are paid is called profit.
1. Money left after a business pays expenses
profit
Profit
profit
Revenue is the amount of money a business/person makes as a whole. Expenses are things that a business/person has to pay for with their revenue such as utilities that a business uses. What's left over from the revenue after the expenses are paid for is profit.
The relationship between the two is that risk is needed to make a profit. A profit is money left over after expenses have been paid. To have expenses you need to take risks.
Profit
Profit and wealth is left after all the expenses of running a business are deducted from the income.
Spending money.
Profit
Discretionary Income