Finance

Profit

Objectives:

1. Know the difference between gross and net profit

2. Know the difference between retained and distributed profit

 

Gross profit- sales rev-cost of sales

Net profit- gross profit- all expenses (overheads)

  

Gross profit:

Team a- 50,000-10,000= $40,000 gross profit 

 

Team b- 20,000-100,000= $100,000 gross profit

 

Team c- 150,000- 100,000= $50,000 gross profit

Net profit:

40,000+100,000+50,000= 190,000- 100,000= 90,000

What do we do with our profit?

 

Distributed profit- dividends

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  • Created by: dansydes
  • Created on: 14-12-11 18:48

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Comments

Anisa -Team GR

This is just a blank !

contains no context of writting! 

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