Profit is the amount of money left over from a sale after all costs, including labor, building rent, utilities, theft, etc. has been taken out. As AN example, a Walmart store has $44 million in sales, $39 million in costs and expenses, and $2.8 million in taxes, leaving roughly 5 % profit. Turnovers is a term to express the numbers of time that the stores inventory is sold in a year, i.e. this Walmart may turn 11 times, if it's inventory is $4.4 million.
Profit mean that when a company sales turnover more so extra income that we get is profit. Cash flow means inflow & outflow of cash when there is any expenses or income earned.
In U.K. "turnover" is what U.S. calls "revenue"
ROA = Net Profit Margin * Asset Turnover Asset Turnover = ROA/Profit Margin = 13.5/5 = 2.7%
The difference between profit making accounting and not for profit making accounting is, that question should answer itself! 8^0
Return on Assets = Profit Margin X Asset Turnover
Net Profit is the profit determined by a company after deducting the cost of product plus the cost of carrying the prdt from the gross received amount. While turnover of a company represents the total volume of sales a company does .It includes the cost price of the product plus the profit.
Profit mean that when a company sales turnover more so extra income that we get is profit. Cash flow means inflow & outflow of cash when there is any expenses or income earned.
In U.K. "turnover" is what U.S. calls "revenue"
There is no difference.
No difference.
Profit mean that when a company sales turnover more so extra income that we get is profit. Cash flow means inflow & outflow of cash when there is any expenses or income earned.
What is difference between trust run and for-profit hospitals
ROA = Net Profit Margin * Asset Turnover Asset Turnover = ROA/Profit Margin = 13.5/5 = 2.7%
No difference. They mean the same thing.
No difference. They mean the same thing.
There is not difference; they mean the same thing.
difrent between profit and divident