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If the income of a business exceeds its costs the money that remains is called the?
profit
Is a negative net profit bad?
Negative net profit is not good because the business or person didn't make any money. Companies that continue to stay in the red and not make a profit may not stay in business very long.
Difference between net income and revenue?
Revenue is all the money a business brings in. Net income is revenue minus all the expenses of the business. Net income is profit.
What is it called when money left after a business pays expenses?
The money left after a business pays its expenses is called profit. This can further be categorized into gross profit, operating profit, and net profit, depending on the specific deductions considered. Profit is a key indicator of a business's financial health and performance.
The money that is left over after a business has paid all the costs of producing its goods and services is called?
profit/ net profit
If the income of a business exceeds its costs the money that remains is called the?
profit
Profit of a business?
The profit of a business equals all income (of all types) less all epenses paid by the business gives you the net profit of the business. Most businesses produce a Profit & Loss Statement which will provide the net profit after income and expenses. http://taxresolutionaires.blogspot.com
What is taxable profit?
TAXABLE PROFIT should be your NET PROFIT from your business operations because that would be that amount that would be subject to all of the different taxes that you would be liable for on your NET profit from your business operation.
What is the difference between Net profit and Divisible profit?
Net profit is net profit after tax earns by business during fiscal year while divisable profit is that amount of profit which is available for distribution to shareholders in the form of dividend.
What is the business of business?
The profit or the net margin, losses or the risk etc.
What is Net profit for McDonalds?
Net profit refers to the total income of a business. McDonald's net profit is how much money the company has made after all expenses have been paid.
How do you find Net Profit on Financial Statement?
In income statement. In the end of income statement you will find net profit.
Why is net profit treated as a liability?
Net profit for a business is liability because it must be paid to equity holder and creditors.
Is earning after tax is the same as net profit after tax?
No. Your earning after all of the taxes and other things that your employer has to withhold would be your net paycheck tax home pay for that pay period.A business operation would have a gross income or sales less all of the ordinary and necessary expenses of the business operation then they would come up with the net profit or net loss from the business operation.From this business net profit the taxes would be calculated and paid.After that they would have the net profit amount after taxes.
What is the Reason for the decrease in net profit margin?
A reason for the decrease in net profit margin is when an increase in business running expenses incur.
What are the effects of a decrease in net profit margin?
A decrease in net profit margin means that the business is spending a lot of money on its expenses. The business may still have a high gross income.
What does the net profit percentage show?
net profit percentage shows how much money is left, after paying expences from running the business, as a percentage.
