0
What else can I help you with?
The difference between total revenue and total cost?
profit or loss
Difference between Profit and loss account and Profit or loss account?
No difference. It is just a matter of symantics (different ways to say the same thing).
What is the opposite of a profit?
The opposite of a profit is a loss (negative profit).
What is Profit or loss account?
Profit and loss is nothing but an statements which shows the net profit and net loss during a period.
What is the difference between profit and loss account and profit and loss appropiation account?
Profit and loss accont is used to calculate the profit or loss of business while profit and loss appropriation account is used to allocate or distribute net income or loss to share holders or different reserves account.
How do I calculate simple profit and loss?
Profit or loss = income - expenses. A positive number is profit, a negative number is loss.
What is the difference between revenues and the expenses needed to operate the business?
profit or loss
What does it mean to have a a negative profit?
A loss
What is the formula for calculating loss?
You calculate loss the same as you would do profit income minus expenses (outgoings) = profit/loss If the answer is negative then you are making a loss, if the answer is positive then you are making a profit.
What is the opposite of profit when using integers?
The opposite of profit in terms of integers is loss. While profit represents a positive financial gain, loss represents a negative financial outcome. In integer terms, if profit is a positive integer, loss would be its negative counterpart. For example, if a profit is +100, the corresponding loss would be -100.
How do you calculate net profit margin if there is net loss?
The Gross Profit Margin = Gross Profit/Revenue*100 regardless of weather the Gross Profit is positive or negative (a loss). Therefor, it is acceptable to have a negative Gross Profit Margin.
What is the difference between Net loss earnings versus net loss gains?
Income less than expenses negative numbers below zero. Income more than expenses. Positive numbers above zero a net profit from the business operation.
