Learn the difference between income revenue vs. profit, and definitions of cash and money profit. See revenue vs. profit examples and explanations.

Learn the differences between a profit center, a cost center, and an investment center. Understand their specific functions and roles and see various examples.

Profit is the difference between the revenue and the costs. A profit function is a relationship that shows the difference produced by taking the cost function from the revenue function.

Learn what the definition of economic profit is, and understand how to calculate it using an equation. The difference between the total revenue and total cost curves at a given output is equal to: A Total profit. …

In business and finance, the income statement is an accounting report that shows all the financial activities that relate to revenue generation and disbursement of the company. Answer and …

The profit-maximizing level of production A. is not measurable for a perfectly competitive firm. B. is where the difference between marginal revenue and marginal cost is maximized. C. ignores the …

The difference between the total revenue and total cost curves at a given output is equal to: A Total profit. B Profit per unit. C Average revenue. D Average total cost.

What is the difference between profit sharing and revenue sharing? Profit sharing involves the distribution of profits. As such, stakeholders are paid only if the company generates profits.

The correct answer is option a. True. Gross margin, gross profit margin, or simply gross profit, is the difference between sales revenue and the cost... See full answer below.

Profits In economics, we use economic profit. This profit is used to not only show what has been earned but to show what has been earned in spite of leaving other opportunities. Answer and Explanation: 1 …