Profit is an important concept in any business. Profit is the financial return or reward that business persons aim to achieve to reflect the risk that they take.
Mon Oct 28, 2013 8:58 am
Ryaan Contributing Member
Cash: $ 5.80
Posts: 25
Joined: 04 Nov 2013
Location: USA
(If, during a stated interval, a business adds nothing to its owners’ wealth, but the accounting rules state that it has earned a profit, that is good enough. An accounting profit that reflects no genuine increase in wealth is certainly sufficient for many investors. They cheerfully assign a price-earnings multiple to any number that a reputable accounting firm waves its magic wand over and declares to be a profit)
this is the best part your thread really informative. thank you.
Wed Nov 06, 2013 2:00 pm
Fredian New Member
Cash: $ 0.60
Posts: 3
Joined: 27 Jun 2014
Location: Sofia Bulgaria
the formula is very simple: Profit = Revenue − Costs.
Fri Jun 27, 2014 8:54 am
pensionplan New Poster
Cash: $ 0.40
Posts: 2
Joined: 16 Mar 2018
Location: Gurgaon, India
Hello everyone! To find good Bookkeeping services I recommend that you follow the link. I found a great personal accountant who does the accounting and tax work for me. Now I do not need to fool my head about this, because a professional from Hong Kong will do all the work perfectly. I believe it will be useful for you.
