Business 1 (3.1.1 - 3.1.2 things missed out): What is profit and what significant measurements are used to calculate it?

Question

What is profit and what significant measurements are used to calculate it?

Calum Heanue 1 · Accepted Answer

Profit is a return of an investment. When calculating profit, the following factors should be taken into account:
. Revenue   .Fixed Costs   .Variable Costs   Total Costs

Business 1 (3.1.1 - 3.1.2 things missed out)

What is profit and what significant measurements are used to calculate it?

Profit is a return of an investment. When calculating profit, the following factors should be taken into account: . Revenue .Fixed Costs .Variable Costs Total Costs

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