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total profit: A common measure of a company's success equal to the net revenue that remains once all costs have been deducted. The total profit for a business forms the base income that is used to compute tax and determine how much of a dividend to pay to shareholders of record.

www.lawinsider.com/dictionary/total-profit

Define Total Profit. means the aggregate (before income taxes) of the following: (i) all amounts received by the Grantee or concurrently being paid to the Grantee pursuant to Section 4 for the repurchase of all or part of the unexercised portion of the Option, (ii) (A) the amounts received by the Grantee or concurrently being paid to the Grantee pursuant to the sale of Option Shares (or any ...

www.investopedia.com/.../122214/what-difference-between-revenue-and-profit.asp

Revenue is the total amount of income generated by a company. Profit is the bottom line or net income after accounting for all expenses, debts, and operating costs.

www.investopedia.com/terms/g/grossprofit.asp

Gross profit is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Gross profit will appear ...

The formula for total profit, or net profit, is total revenue in a given period minus total costs in a given period. If a business generates \$250,000 in total revenue in a quarter, but has \$215,000 in total costs, its total profit for the period is \$35,000. On a multiple-step income statement, companies lay out revenue and expenses in three ...

www.economicshelp.org/microessays/costs/profit-revenue

When MR< MC total profit starts to fall; Therefore profit is maximised where MR = MC; Definition normal profit. This occurs when TR = TC. This is the break-even point for a firm (P2). It is the minimum profit level to keep the firm in the industry in the long run. See more on normal profit. Definition supernormal profit. Supernormal profit is ...

en.wikipedia.org/wiki/Profit_(economics)

In economics, profit in the accounting sense of the excess of revenue over cost is the sum of two components: normal profit and economic profit.Understanding profit can be broken down into three aspects: the size of profit, the portion of the total income, and the rate of profit (in comparison to the initial investment).