Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: kublia khan
What is the definition of "profit"?

Revenue less cost, i.e. the money left for distribution to stockholders and reinvestment in the company infrastructure.

64 posted on 04/26/2006 7:08:07 PM PDT by NittanyLion
[ Post Reply | Private Reply | To 62 | View Replies ]


To: NittanyLion

Then these items (refining costs? And marketing/distribution? Taxes?) should be deducted before profit is reported.


84 posted on 04/26/2006 7:28:10 PM PDT by kublia khan (Absolute war brings total victory)
[ Post Reply | Private Reply | To 64 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson