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What else can I help you with?
Can you sell it for a profit?
Can you make money by selling it for more than you paid?
What does it mean to buy and sell for a profit?
Buy mean purchase and sell for profit means give to someone for more than you had purchase.
Is profit more important than cash?
Profit and cash can be the same thing. You can have profit on the books and not have the cash because it can be tied up in various processes. Your actual disposable income is the most important.
What is the impact of profit and loss on a business's financial performance?
The impact of profit and loss on a business's financial performance is significant. Profit indicates that a business is generating more revenue than expenses, leading to growth and sustainability. On the other hand, losses indicate that a business is spending more than it is earning, which can lead to financial instability and potential closure. Monitoring profit and loss is crucial for assessing the overall health and success of a business.
Is stock classed as profit?
No, stock itself is not classed as profit. Stock represents ownership in a company and can appreciate or depreciate in value, but it does not constitute profit until it is sold for more than its purchase price. Profit is realized when a company generates revenue exceeding its expenses, or when an investor sells their stock for a gain. Thus, while stock can lead to profit, it is not profit by itself.
What is the difference amount of expense over income called when income exceeds expense?
Expenses more than income is called "Loss" Income over expenses called "Profit"
When the total of the revenue section is more than the total of the expense section on a standard Income Statement what is the difference called?
net profit
What is it called when income is more than expenses?
profit
When you make more money than you started with what is this extra money called?
A "profit".
When expenses are more than income is called?
Their is a LOSS of income, or loss for the business operation. You can have either a LOSS or a PROFIT or possibly break even with neither a loss or a profit.
Is Manchester United a not for profit organization?
a breat club with good coulture. they are more than profit organisation. the club make more profit than any english club.
What is profit motive?
Profit is the difference between cost and proceeds. If the proceeds are more than the cost then one is said to be in profit. Having motivation to achieve proceeds more than the cost is known as profit motive.
Are people more important than profit?
Yes, without the people there is no profit.
When an expense ia paid in cash than net assetts increases and profitnincreases true or false?
1.net assets decreases and profit decreases 2net assets remain the same and profit decreases
Is making a profit immoral?
Profit, in and of itself, is just merely a return on investment. It is merely making more than what was spent. That, in and of itself, cannot be called immoral. For a small business owner, such as myself, profit is my income. If my business doesn't make more than what it spends, I don't have an income. This issue of morality comes up in how I make that profit. If I make that profit by exploitation, abuse, dishonesty or other nefarious means, my means of making that profit are immoral.
What is the importance of profits?
Profits - Expense = Savings and Investment Profits keep a business going as long is it is more than expense.
What are the relationships between Profit and Loss?
In business, when you earn more than what you spent, that surplus amount is called profit. On the other hand, when you sell at a rate lower than the amount you spent, you face a loss. Profit = Selling Price - Cost Price Loss = Cost Price - Selling Price
