What is a Profit?

Answer

In business, profit is a word used to describe earnings. For example, you bought a $10 bike and you were able to sell it for $15. Your profit in selling that bike is $5.
Ask.com Answer for: what is a profit
What Is a Profit?
A profit is money left over for a company after all financial expenses have been paid that are associated with the operation of the business. Understand more about how profit is calculated and what a profit margin is with an explanation from a registered... More »
Difficulty: Moderate
Source: www.ehow.com
Q&A Related to "What is a Profit?"
In business, profit is a word used to describe earnings. For example, you bought a $10 bike and you were able to sell it for $15. Your profit in selling that bike is $5.
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Profitability is how successful a product or business may be. Profitability is a business term to describe the amount of income that is needed for a business to be successful.
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A not for profit organization means that they are doing something, or selling something, though not for profit of themselves but for a charity or good cause. A lot of Churches have
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A non profit company is generally a charity of some sort. A true non profit company will most likely have filed for a certificate of incorporation as a non profit corporation with
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