What Is Profit? | Levels, Formula, and Examples
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financestrategists.com
What Is Profit? | Levels, Formula, and Examples
Profit is the money earned by a business when its total revenue exceeds its total expenses. Any profit a company generates goes to its owners, who may choose to distribute the money to shareholders as income, or allocate it back into the business to finance further company growth. The method of calculating profit is simple: subtract a business ...
3.4K viewsMay 25, 2020
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