Divided by 6 million rubles and multiplied
Posted: Thu Dec 05, 2024 10:21 am
What is the difference between profit and profitability
Profit is the main financial indicator of a company's performance. It is calculated as the difference between revenues and expenses. If the result is positive, the company has made a profit. As a rule, when talking about this, they mean net profit - when all revenues and expenses are taken into account (employees' salaries, taxes, rent, and much more).
Let's assume that the Torty company in the same chinese overseas british data shopping center where the Chai i Kofe shop is located brought its owners more profit for the year - 2 million rubles. And the cost price was 6 million rubles.
Its profitability will be as follows: 2 million ruble 100 = 33%.
We see that both outlets received the same annual profit, but spent different amounts on business development. Therefore, the profitability turned out to be different. We can conclude that the Torty company is doing worse than Chai i Kofe.
You can find out the average profitability of your activity on the tax service's website. This data is published there annually.
Fact of the day
Somali collectible coins were issued in the form of cars, motorcycles, musical instruments and geometric figures.
Profit is the main financial indicator of a company's performance. It is calculated as the difference between revenues and expenses. If the result is positive, the company has made a profit. As a rule, when talking about this, they mean net profit - when all revenues and expenses are taken into account (employees' salaries, taxes, rent, and much more).
Let's assume that the Torty company in the same chinese overseas british data shopping center where the Chai i Kofe shop is located brought its owners more profit for the year - 2 million rubles. And the cost price was 6 million rubles.
Its profitability will be as follows: 2 million ruble 100 = 33%.
We see that both outlets received the same annual profit, but spent different amounts on business development. Therefore, the profitability turned out to be different. We can conclude that the Torty company is doing worse than Chai i Kofe.
You can find out the average profitability of your activity on the tax service's website. This data is published there annually.
Fact of the day
Somali collectible coins were issued in the form of cars, motorcycles, musical instruments and geometric figures.