how do you calculate profit?

how do you calculate profit?

Answers
In the simplest form, profit is simply money coming in minus money going out. So to calculate profit in any situation you need to know every source of money coming in (usually just sales and investment) and every source of money going out - for example salaries, bonuses to salaries, rent for the store, cost of buying the goods and paying for their transport, etc.
jim360
12 September 2012
thank you that helped me very much i am grateful for your time
cole
12 September 2012
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