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- Dictionaryprofitable/ˈprɒfɪtəbl/
adjective
- 1. (of a business or activity) yielding profit or financial gain: "a professionally run and profitable company" Similar Opposite
- 2. beneficial; useful: "he'd had a profitable day" Similar Opposite
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Jun 12, 2024 · Profit is the money a business pulls in after accounting for all expenses. Whether it's a lemonade stand or a publicly-traded multinational company, the primary goal of any...
- Profit and Loss Statement Meaning, Importance, Types, and Examples
Profit and Loss Statement (P&L): A profit and loss statement...
- How to Calculate Profit Margin
A profit margin of 20% indicates a company is profitable,...
- Karl Marx
Karl Marx (1818-1883) was a philosopher, author and...
- Tax Cuts and Jobs Act
IRS Publication 600: A document published by the Internal...
- Imperfect Competition
Imperfect competition exists whenever a market, hypothetical...
- Profit Before Tax
Profit Before Tax - PBT: Profit before tax (PBT) is a...
- Profit Center
Profit Center: A profit center is a branch or division of a...
- Marxian Economics
Marxian economics is a school of economic thought based on...
- Profit and Loss Statement Meaning, Importance, Types, and Examples
Jun 25, 2024 · Profitability ratios assess a company's ability to earn profits from its sales or operations, balance sheet assets, or shareholders' equity. They indicate how...
Jun 28, 2024 · Operating profit is the net income derived from a company's primary or core business operations. Operating profit does not include non-operating income, but EBIT does. It...
- 3 min
Jul 1, 2024 · In economics, a profitable company is the one that generates considerable revenue and still takes home a reasonable amount—after settling all the liabilities. In common parlance, though, the term does not always refer to monetary gains.
Jul 1, 2024 · The key difference between Revenue and Profit is that Revenue refers to the income generated by any business entity by selling their goods or by providing their services in an accounting period during the normal course of its operations whereas Profit refers to the amount realized by the company after deducting the expenses from the total amount...
Jun 21, 2024 · The profit formula is the calculation used to determine the percentage generated by a business. The concept is used to judge the ability of an entity to set reasonable , manufacture goods , and operate in a lean manner.
Jul 1, 2024 · Profit is the net amount left after deducting all costs, expenses, and taxes from the revenue. Profit works as a tool in the calculation of tax of the enterprise. We can describe profit as the difference between the selling price and the cost price of a product/service. Profit in company accounting can be divided into gross profit and net profit.