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Q: Which would you refer to if you wanted to know if a company made a profit last year?
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Would the electrical company be a nonprofit or profit corporation?

The electrical company is a profit corporation. Such a company will provide electrical services which may be difficult without a profit factor so it is almost impossible to have non-profit electrical company.


Would the electric company b most likely be a profit or nonprofit corporation?

A utility company is a profit making corporation. They distribute electricity or other resources for a fee, and the proceeds only benefit investors and employees.


How Important is profit to a company?

Profit is very important to a company. It is the primary goal of every company. Without profits, a company would cease to exist. Profit produces the financial resources necessary to continue operations an accomplish any other goals of the company.


Is coca cola a profit or nonprofit organization?

The Coca-Cola company would be a for-profit. non-profit organizations are really only for foundations.


Is 560 percent correct?

560%=5.6=560/100 560 percent might be correct. If a company made £10 profit in 2008 and £9 profit in 2009, the 2009 profit would be 90% of the profit in 2008. If the same company made £9 profit again in 2010, the 2010 profit would be 100% of the profit in 2009 (100% means exactly the same amount). If the same company made £50.40 profit in 2011, the 2011 profit would be 560% of the profit in 2010 because £50.40 is 5.6 times as much as £9.


Would the electric company most likely be a profit or nonprofit corporation?

An electric company can be either profit or non-profit. If it is listed on the stock exchange, it has shareholders who expect a profitable return on their investment. If it is a Co-op, or consumer/customer owned, then it is non-profit and operated for their benefit as opposed to a profit.


Can an inurance company bypass your insurers and claim against you?

They would usually go to the insurance company. If they did, I would refer them to your carrier.


What would you find on a profit and loss account?

In profit and loss account normally list all in the revenues and expenses and profit or loss for any particular fiscal year of company.


What does 'jobber price' mean?

Jobber price is what one company would sell their goods to another retail company for. That company would then raise the price on that product and sell it for profit. Margins of profit when selling at jobber price is typically very low, think of it as a wholesale price.


Why would you want to buy a stock from the Virginia Company of London?

Hopefully to make a profit. Alas the company went bankrupt.


Where would retained profit be used?

For distributing dividends, repaying company debts, etc.,


Would the electric company be a nonprofit or a profit organization?

Electric company is a profit organization now a days the share of electric companies increases very rapidly. Only Cooperative socities are nonprofit organizations.