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What else can I help you with?
How are profit and revenue related?
They are not related. Let me briefly explain: You could sell a million dollars and make zero profit. The best way for you to look at this...is that profit is different than cash.
What is the importance of cost accounting?
Cost accounting helps businesses manage their product's cost better. With knowledge about how costs behave businesses can respond accordingly, so that they can make a profit.
What is a base profit?
Base profit refers to the fundamental level of profit a business expects to earn from its core operations, excluding any extraordinary items, one-time gains, or losses. It typically serves as a benchmark for evaluating a company's financial performance and operational efficiency over time. By focusing on base profit, businesses can better assess their sustainability and make informed strategic decisions.
Do a profit or make a profit?
The correct phrase is "make a profit." This expression indicates the action of generating earnings that exceed expenses. "Do a profit" is not commonly used in English and sounds awkward. In business contexts, "make a profit" is the standard terminology to describe financial success.
What three types if budgets are needed by all businesses?
All businesses typically need an operational budget, which outlines expected income and expenses for daily operations; a capital budget, which plans for long-term investments in assets like equipment and property; and a cash flow budget, which projects cash inflows and outflows to ensure the business can meet its financial obligations. Together, these budgets help businesses manage resources effectively and make informed financial decisions.
What is the differenc ebeween profit and cash?
cash is money in general but a profit if a little more than what you normally make
What is profit oriented business?
Businesses in business to make money
Are businesses allowed to make profit under capitalism?
Yes they are.
Can business do anything to make profit?
No, a business can't necessarily do anything it wants in order to make a profit. Businesses are bound by the laws in their state and country, and these laws regulate what businesses can and can't do.
Why profit is not equal to cash in accounting?
You could sell merchandise and make a profit. If the customer has not paid you yet, you have not increased cash. You have increased accounts receivable.
Do most businesses make a large profit under the free market system?
Yes, most businesses do make a large profit on the free market. The free market is not susceptible to the laws of trade
What are profit making businesses?
Those organisations whose only motivation is to make profit are called profit making business houses. In fierce competition scenario, these business houses fight for their share of profits by any means - be it in honest or fradulent means.
What is the purpose of Venture capital?
to make a profit by buying into new and existing businesses.
What aims do businesses have?
to make good profit and satisfy consumer's need and desires.
What is purpose of venture capital?
to make a profit by buying into new and existing businesses.
What managerial assessments may you make about an organization that has a profit and negative cash flow in the same accounting period?
What managerial assessments may you make about an organization that has a profit and negative cash flow in the same accounting period?
What is profit and non profit organization?
profit org. are those orgs. whose motive is to earn maximum profit bye ferforming legal activity like economic activities. Profit org. make P&L account and cash book nd non-profit orgs. are those whose motive is social welfair . tha main motive of non-profit organisation is to providing moral satisfaction to sosity by doing non-economic activity. Non-Profit orgs. make recipt and payment account and income and expenditure account.........
