What is the intent of profit?
Answers:
Revenue minus costs. That is, the amount of money you made, minus the money you spent to form it. So if you bought something for 8 dollars and sold it for 10 dollars, that'd be a 2 dollar profit.
anything above nad beyond the cost of operating and expanding
Revenue minus costs = profit
(all costs : labor , materials , facility rent , hype , taxes , equipment , debt and % repayments etc)
Say you buy something for $100 and you turn around and trade it for $200, you only made a profit of $100.
like if u buy 1 phone for $50 and afterwards provide it for $60 that method $10 is your profit!
most population use the word profit when they tell in the region of businesses!
businesses involve to buy nearby supplies from other places but next they put up for sale the stuff they bought for merely a bit more and the money they product support is a profit!
accounting profit= rev-cost
financial profit =
Profit is the number difference between what you remunerated for an item and what you can manufacture from selling it. If you buy a candy dowel for 50 cents and vend it for $1. Your profit or what you made from the market of the candy railing is 50 cents. Or if someone give you an item for free and you flog it to someone else for $20. You lately made $20 profit because you sold it for more consequently you get it for.
What something *could* be valued at, minus attention to veracity. A "profitable summer" could propose a 3 month time contained by which the van didn't break down once (okay, here be that one time the tire go flat, but I still deem that be the Wolfington brothers lately screwin' around and not a solid flat), you other have money for beer and you score near lots of moral looking chicks...sorry, I'm dating myself...score near lots of hotties.
Man, that be a profitable summer!