what is the difference between profit and sales

Answers

Answer 1

Answer:

Sales does not include losses and profit takes into account sales and losses

Explanation:

Profit is like the net gain and sales is how much money was earned without taking into account losses.


Related Questions

true or false: when it comes to marketing products and services, marketers do not need to be concerned with any ethical implications of their actions because the consumer bears the ultimate responsibility to determine whether or not a product is needed.

Answers

It is a false statement that marketers do not need to be concerned with any ethical implications of their actions because the consumer bears the ultimate responsibility to determine whether or not a product is needed.

What is an ethical implications?

It means the consequences of some ethical practices. decision etc. Evaluating a customer needs and wants must be done through an ethical framework to avoid potential problems for the firm and society as a whole.

Therefore, it is false false statement that marketers do not need to be concerned with any ethical implications of their actions because the consumer bears the ultimate responsibility to determine whether or not a product is needed.

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For new college students, the most important goal of higher education is:
A. meeting new people

B. becoming career-ready

C. exploring disciplines to find a major

D. participating in clubs and teams

Answers

Answer: I believe C is the answer.

Explanation: Sorry if it's wrong :C

For new college students, the most important goal of higher education is becoming career-ready. The correct option is b.

The most significant goal of higher education can differ from one student to the next. Other components, such as personal development or academic discipline exploration, may be prioritized by some students. For many incoming college students, though, getting career-ready is a primary aim that motivates their educational journey.

While meeting new people, researching subjects to select a major, and participating in organizations and teams are all important parts of the college experience, for many students, the main objective of higher education is preparing for their future jobs. Students can explore several career options and industries through higher education. Students can make educated choices about their future professional aspirations through academic guidance, career counseling, and exposure to numerous fields.

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Which of the following is a reason to join an interest group?

Answers

Answer:

for fun/entertainment purposes

Explanation:

if not then its up to you, your choose, you make.

a share of ownership in a corporation that represents a claim on a portion of that company's earnings is a (5 points) bond stock future mutual fund

Answers

A stock, usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle its owners to a share of the company's assets and income in proportion to the number of shares they possess.

Most individual investors' portfolios are built on stocks, which are mostly bought and sold on stock exchanges. Government standards designed to shield investors from dishonest tactics must be followed during stock trades. In order to raise money to run their operations, corporations issue stock, and the holder of that shares, known as a shareholder, may be entitled to some of the company's assets and earnings.

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Answer: Stock

Explanation:

I took the test and got it right

magnus aerospace produces and sells aircraft and has approximately a 2-year operating cycle. magnus's liabilities include commercial paper due in 270 days, a bank note due in one year, and bonds that will mature in 18 months. magnus should most appropriately classify as current liabilities:

Answers

All of these are current liabilities because Magnus aerospace produces and sells aircraft and has approximately a 2-year operating cycle.

What causes current liabilities to increase?

Short-term loans, unpaid income taxes, unearned revenues, and other obligations are included in current liabilities. A rise in the number of accounts payable from one period to the next indicates that the business is using credit to pay for more goods and services than it is consuming.

In accounting, current liabilities are frequently interpreted as all debts owed by a company that must be paid in cash within the fiscal year or the operational cycle of that particular company, whichever is longer.

Magnus's liabilities include commercial paper due in 270 days, a banknote due in one year, and bonds that will mature in 18 months.

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AWARDING BRAINLYIST TO CORRECT ANSWER!!!!!!!!!!!!!!!!!!!!!!!!!!!
Joshua wants to be a lawyer. He found the following table on the Bureau of Labor Statistics’ website to find out about the employment projections 2022. Review the table. Then, answer the question below.


What conclusion can Joshua draw from this table?

A.

There are very few lawyers in the country.

B.

He could make more money working in marketing instead.

C.

There is an increasing need for lawyers, so it is a good career option.

D.

He will probably have a lot of student loans after he graduates.

E.

Lawyers are needed to work for the government and private firms.

Answers

Answer:

Explanation:

A) wrong. You call 3/4 of a million not very many? Let's see what the other answers are.

B) We don't know anything about marketing from this table. Let's move on. This is likely not the best choice.

C) There is an increased need? We don't know that. What would we compare it to? An increase in population might account for the 10% increase in lawyers. I would say it's likely not C.

D) We don't know this either. Maybe, but he might anyway.

E) We don't know this either. They might be self employed.

So no answer appears obvious. We have to make a choice from answers we don't like.

Since all the others don't seem feasible, I guess C is the best answer, but don't be surprised if it is something like A

Answer:

The correct answer is C

Explanation:

i know this because I got it right

inventory cost reduction will result in? group of answer choices profit decrease profit decrease, but only if stockout costs are avoided profit increase profit increase, but only if stockout costs are avoided

Answers

The problem can be solved by reducing inventory expenses, but only if stockout costs are kept to a minimum.

What is the reduction in inventory costs? What are some ways inventory management cuts costs?

Inventory reduction is key to lowering the cost of inventory. Your expenditures will be lower the less you own. And the most expensive inventory you can have is outmoded stock. If you already have a lot of out-of-date inventory, you can try grouping products to sell more of them or reducing their prices individually.

By applying the economic order quantity (EOQ) formula to your company, inventory management software can reduce your storage expenses. In order to avoid paying for storage beyond what is absolutely necessary, this formula takes storage costs into consideration and helps you decide when to acquire extra products.

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What is the main reason for creating a budget?

to spend money without worry
to avoid financial problems
to avoid needing an income
to get out of financial trouble

Answers

One of the main reason to make a budget is to prevent financial difficulties.

Having a budget promotes financial stability and to avoid any problem related to finance in the future. A budget makes it simpler to manage money, pay bills on time accumulate an emergency fund, and save for significant costs like a car or home by keeping track of spending and sticking to a plan. Overall, having a budget gives a person more financial stability for both the short and long term. A budget makes it simpler to pay bills on time, accumulate an emergency fund, and save for significant costs like a car or home by keeping track of spending and sticking to a plan. Overall, having a budget gives a person more financial stability for both the short and long term.

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the clause in a mortgage that best describes the requirement of the mortgagee to execute a satisfaction of mortgage when the note has been fully paid is

Answers

The clause in a mortgage that best describes the requirement of the mortgagee to execute a satisfaction of mortgage when the note has been fully paid is defeasance

What Is Defeasance?

When the borrower sets aside cash or bonds big enough to pay the obligation, the contract's defeasance clause renders the bond or loan worthless on the balance sheet. The outstanding debt and cash balance on the balance sheet are equal, thus they do not need to be reported because the borrower sets aside funds to pay down the bonds.

Buying commercial real estate is one instance of using defeasance. Due to commitments to bondholders having a stake in the commercial mortgage-backed securities (CMBS) that houses the loan, commercial loans may have hefty prepayment penalties in contrast to home mortgages.

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the changs, owners of forever 21, lacked some of the skills exceptional managers need. based on the management in action case, which skill did they lack the most?

Answers

Based on the management in action case, the skill that they lack the most is known as the Conceptual skill.

What is a Conceptual skill?

This managerial skills are known as thinking skills that let you grasp complex ideas and come up with answers for difficult problems.

The leader that possess a conceptual skill can think through their ideas, transforming thoughts into action-driven solutions. The leaders with a a conceptual skills as seen as strategic leaders because of their ability to strategize about potential situations and how to resolve them.

Therefore, based on the management in action case, the skill that they lack the most is known as the Conceptual skill.

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the revenue/expense approach focuses on the income statement because it relies on which accounting principles? (select all that apply.)

Answers

The revenue/expense approach focuses on the income statement because it relies on revenue recognition and matching accounting principle.

What is the revenue recognition and matching?

The revenue recognition is generally accepted accounting principle means that companies' revenues are considered or recognized when the service or product is actually delivered to the customer, not when the cash is received.

The matching principle is an accounting concept that depicts that companies report both the expenses and revenues at the same time they are related to.

Basically, the expense recognition principle is a fundamental principle of accounting.

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Sarah got a big raise at her job, so she bought herself a new truck. She knew it was a splurge, but she figured with her extra money coming in, it would be manageable. Unfortunately, her company had to cut her job the very next month, leaving Sarah with a new truck and no extra money to pay for it. What does this scenario BEST represent? income risk interest rate risk personal risk inflation risk

Answers

Answer:

income risk

Explanation:

income risk

she thought she had lots of income, so she took a risk

Hope this helps plz hit the crown

The correct option is A). Income Risk

What is Income Risk?

Income risk is the type of risk that the income stream paid by a fund will decrease in regards to a fall in interest rates.

Income risks mainly occur due to the unpredictability of the market and can impact the market value and cash flows from the security.

This risk is most prevalent in the money market.

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Business 2 [Based on CIW: Social Media Strategist (1D0-623) ]

Answers

you’re gonna have to put more info ??

what is a paid tax preparer's correct response to a taxpayer who omitted items on an income tax return that was submitted in a previous year?

Answers

The correct reaction from a professional tax preparer to a taxpayer who missed things on an income tax return that was submitted in a prior year is to inform the taxpayer of the implications of not updating the prior year's return.

A taxpayer is a person or a company that must pay taxes to the federal, state, or municipal governments. Governments mostly derive their income from taxes on both citizens and businesses. Individual taxpayers must typically file and pay both federal and state tax returns each year in the US. While companies must also submit yearly returns, they typically budget for and make recurring anticipated tax payments throughout the year.

Governments at all levels—federal, state, and local—legislate and enforce the U.S. tax code. The major governmental body responsible for enforcing the actualized income tax laws for taxpayer both individuals and corporations is the Internal Revenue Service (IRS).

Implementing and enforcing localized taxes, such as sales taxes and property taxes, falls under the purview of state and municipal revenue agencies. Both individuals and taxpayer corporations need to be aware of their tax responsibilities because failing to pay required taxes can result in fines or other legal measures.

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14. in 2018, cities including seattle and san francisco passed laws banning the use of plastic disposable straws because they are harmful to the environment (because plastic does not easily biodegrade) and to marine life (which ingest straws that end up in the ocean). opponents point out that such bans may result in unintended monetary cost as well as external cost.

Answers

In the above situation, the potential costs that may be derived will be,

Straws made of alternative materials lack the flexibility of plastic straws. This makes it harder for people with disabilities, seniors, and children to use them. Compostable straws are an alternative to disposable straws. For compostable straws to break down properly they need to be disposed of in a special commercial composter, an infrastructure that needs to be created. Alternatives to disposable straws do not need fossil fuels to be recycled.

Therefore, the options B, C and D hold true.

What is the significance of potential costs?

The potential costs can be referred to or considered as the costs that may have a contingency of being incurred by a producer upon the effects of some external factors.

Therefore, the options B, C and D holds true and states regarding the significance of potential costs.

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The question seems to be incomplete. It has been added below for better reference.

14. In 2018, cities including Seattle and San Francisco passed laws banning the use of plastic disposable straws because they are harmful to the environment (because plastic does not easily biodegrade) and to marine life (which ingest straws that end up in the ocean). Opponents point out that such bans may result in unintended monetary cost as well as external cost.

Which of the following describes potential costs that may arise as a result of these new laws? Select all that apply.

A. Alternatives to plastic straws cost at least 10 times more than the current price of plastic straws.

b. Straws made of alternative materials lack the flexibility of plastic straws. This makes it harder for people with disabilities, seniors, and children to use them.

C. Compostable straws are an alternative to disposable straws. For compostable straws to break down properly they need to be disposed of in a special commercial composter, an infrastructure that needs to be created.

D. Alternatives to disposable straws do not need fossil fuels to be recycled.

if you are interested in a career in the hospitality industry, it is important that you enjoy the following:

Answers

if you are interested in a career in the hospitality industry, it is important that you enjoy the following:

working with peoplean upbeat work environmenttravelingopportunity for growth and career advancement.

What are pros and cons of working in hospitality industry?

Pros -

Opportunities for Many Benefits, Not a 9-to-5 Job, Diverse Jobs that TravelIt is dynamic, ever-evolving, and collaborative.

Cons -

a worldwide industry-wide five-day workweek. Employee happiness leads directly to better service, which will surely have long-term benefits.Weekend work is compensated in addition to the regular weekend off.using technology more effectively to forecast the requirement for personnel during peak seasonDepending on its practicality, automation at the front desk and in restaurants during peak hours

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the realized rate of return, or holding period return, is equal to the holding period dollar gain divided by the price at the beginning of the period.

Answers

The realized rate of return, or holding period return, is equal to the holding period dollar gain divided by the price at the beginning of the period is true.

A holding period is the quantity of time the funding is held via an investor or the duration of the purchase and sale of a security. In an extended function, the preserving duration refers back to the time between an asset's buy and its sale.

Personal equity investments are historically lengthy-term investments with standard preserving durations ranging between 3 and 5 years. Inside this described time period, the fund manager specializes in growing the value of the portfolio organization as a way to promote it at a profit and distribute the proceeds to buyers.

In making an investment, a holding period refers to the time between the purchase of an asset or investment and its sale. Preserving periods be counted because they decide whether or not an investor can pay the short-term or lengthy-time period capital profits tax rate once they promote an investment for a profit.

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when to place an order is driven by? group of answer choices order lead time both order lead time and how many units are demanded during lead time how many units are demanded during lead time neither order lead time nor how many units are demanded during lead time

Answers

Both order lead time and how many units are demanded during lead time as the reorder point is calculated by multiplying the lead time to the demand during the lead time.

Describe order lead times and their types?

Order lead time refers to the minimum period of time (described in the relevant Statement of Work) between the date a Purchase Order is received by the Supplier and the date the Product is delivered to the shipping location specified by the Customer, as set forth in such Purchase Order.

The time between receiving a customer's order and fulfilling their purchase is known as the Actual Order Lead Time (A-OLT).

The period of time between the day the customer places the order and the specified delivery date is known as the Requested Order Lead Time (R-OLT).

The Quote Order Lead Time (Q-OLT) is the period of time between the date an order is placed and the date a supplier or business is required by contract to deliver the ordered products.

The delivery lead time for an order between a customer and a supplier is known as the Confirmed Order Lead Time (C-OLT).

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generally accepted government auditing standards define and describe three broad types of audits that may be performed: financial audits, engagements and audits. (enter only one word per blank.)

Answers

Generally accepted government auditing standards define and describe three broad types of audits that may be performed: financial audits, attestation engagements and performance audits.

What is Government?

A government is refer as administrative body which helps in the proper functioning of the country by maintaining peace and order by implementing laws and legislation describe in the constitution.

Generally accepted government auditing standards are refers as measures or guidelines provided by the government to calculate the or check the accountability and performance.

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What type of innovation focuses on the supply side, looking for opportunities to remove non-value-adding steps from the workflow?.

Answers

The answer is Process Innovation.

Innovation is a new change in the form of ideas, ideas, practices or specific objects/objects, through programs that are planned and designed to achieve certain goals. An innovation can be said to be successful if the creation and implementation of new processes, products, services and methods can produce effective and efficient quality improvement results.

Innovation can be defined as a company's mechanism to adapt to a dynamic environment. Therefore, companies are required to be able to create new thoughts, new ideas by offering innovative products and improving services that can satisfy customers.

There are four characteristics in an innovation, including the following:Have a special / specialHas features or elements of noveltyInnovation programs are implemented through planned programsThe innovation that is rolled out has a purpose

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13. Olive Baker has a paycheck for $173,45 and a refund check for $3. She
would like to receive $25 in cash and deposit the remaining amount.
What is her total deposit?

Answers

Answer:

$151.45

Explanation:

Olive had two checks; the total for the two checks is

=$173,45 + $3

=$176.45

Olive wishes to have $25 in cash, net deposits

= $176.45 - $25

=$151.45

A course that costs $500 will allow you to get a job that pays $2 more per hour than your current job. How many hours will you need to work at the new job before your investment in education has "paid off"?

Answers

Answer:

250 hours.

Explanation:

Cost of course : $500

The extra income from the course is $2 per hour

to pay off the cost of the course requires earning $500 by working at a rate $2 per hour.

Number of hours required = $500/2

=250 hours.

if the cost of a direct material is a small portion of total production cost, it may be classified as part of

Answers

If the cost of a direct material is a small portion of total production cost, it may be classified as part of factory Overhead Cost.

What is factory Overhead Cost?

The expenses incurred in the manufacturing process, excluding the costs of direct labor and direct materials, are referred to as factory overhead. Typically, factory overhead is gathered into cost pools and distributed to units produced throughout the time period.

Therefore,

If the cost of a direct material is a small portion of total production cost, it may be classified as part of factory Overhead Cost.

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efer to the accompanying payoff matrix. player 1 player 2 a b a $50,$5 $25,$30 b $40,$2 $20,$1 suppose the simultaneous-move game depicted in this payoff matrix could be turned into a sequential-move game with player 1 moving first. in this case, the equilibrium payoffs will be multiple choice ($25, $30). ($20, $1). ($40, $2). ($50, $5).

Answers

In this case, the equilibrium payoffs will be (40.2)

In the human body, your equilibrium is the body's feeling of position and movement which include your sense of stability. The chemical term for equilibrium is comparable in nature.

The word equilibrium is commonly used to consult intellectual or emotional stability, and a close synonym in this feel is composure. In chemistry, equilibrium is the condition existing while a chemical reaction and its reverse reaction arise at identical quotes.

A few everyday examples of equilibrium encompass a car at relaxation at a forestall sign, a vehicle transferring at a consistent velocity, two people balancing on a see-saw, two gadgets at identical temperatures, gadgets with identical charge density, and the population of a species staying the same.

vinegar(25,30) (40,2)

S

b

(50,5)

(201)

if (PI) chooses A Pe will

are (25,30

Choose (b)

and payable

if (PI) chooses B, P will

Choose a

and payoff is

40,2).

since the payoff of (PI) is

more when playing A will choose ® and

the payoff will be (40.2)

Option (B) is Coore it

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leon's luxury​ clothing, located in​ manhattan, designs a line of high end summer apparel for professional men and women. the company is considering opening a location in brazil. the most likely reason for this international expansion is to​ . question content area bottom part 1 a. gain new ideas about​ products, services, and business methods b. serve key customers that have relocated abroad c. seek opportunities for growth through market diversification d. gain access to​ lower-cost or better factors of production e. earn higher margins and profits

Answers

A brand of upscale summer clothes is created by Manhattan-based Leon's Luxury Clothing for businessmen and women. Brazil is a potential site for the business. Seeking chances for growth through market diversification is the most likely driver of this worldwide expansion.

Investments are spread among a variety of financial instruments, industries, and other categories as part of the risk-reduction strategy known as diversification. By making investments in various sectors that would all respond differently to the same occurrence, it seeks to reduce losses.

Most investment professionals agree that, although it does not guarantee against loss, diversification is the most important component of reaching long-range financial goals while minimizing risk. Here, we look at why this is true and how to accomplish diversification in your portfolio.

Let's say you have a portfolio that only has airline stocks. Share prices will drop following any bad news, such as an indefinite pilot strike that will ultimately cancel flights. This means your portfolio will experience a noticeable drop in value. You can diversification these stocks with a few railway stocks, so only part of your portfolio will be affected. In fact, there is a very good chance that the railroad stock prices will rise, as passengers look for alternative modes of transportation.

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You are studying the international market for coffee. The world production of coffee beans increases, and at the same time, consumers worldwide start favoring tea over coffee. What is the effect on the equilibrium price and the equilibrium quantity in the coffee market?.

Answers

If the world production of coffee beans increases, and at the same time, consumers worldwide start favoring tea over coffee. The effect on the equilibrium price and the equilibrium quantity in the coffee market is: The equilibrium price fall , and the change in the equilibrium quantity is ambiguous.

What is equilibrium price and equilibrium quantity?

Equilibrium price is when the price a consumer want to buy a product in  the market is the same as the price a producer want to sell the product.

On the other hand equilibrium quantity is when the product supplied to the market is the same as the product consumer demanded in the market.

Therefore the effect on the equilibrium price and the equilibrium quantity in the coffee market is: The equilibrium price fall , and the change in the equilibrium quantity is ambiguous.

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If there is a high demand for a product, then production will be__.

a. decreased
b. increased
c. the same
d. none of the above

Answers

Answer:

the answer is b. increased

Answer:

B.increased

Explanation:

if there is high damand for a product they will make/order more so they can get more money off of that popular item because a lot of people are buying it. so most likley the production of that item will be increased because it will help make them lots of money if they have that item in their store a lot.

david wants to know if his company's resources are being used in the best, most productive manner in order to achieve company goals. david wants to know his organization's .

Answers

David wants to know if his company’s resources are being used in the best, most productive manner in order to achieve company goals. David wants to know his organization’s efficiency.

What is the significance of the organization’s efficiency?

Organizational efficiency of an organization mainly examines and determines how to increase the productivity of an organization by using a specific amount of resources.

Organization’s efficiency plays a very significant role in the smooth and effective operations of the firm as it helps the organization achieving the objectives.

Basically, the efficiency of an organization completely depends on its employees, resources, goals and objectives.

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The Fairmont Hotels chain of hotels and resorts has a practice of inputting information about a guest's preferences into a database, which is referred to by the employees the next time the guest returns to the hotel. Philip, who is a regular customer of Fairmont Banff Spring. He On arrival, he gets out of the cab, enters the hotel, goes to the guest desk, and talks to the guest executive about his room. These customer interactions are referred to as _____.

Answers

Answer:

Touch points

Explanation:

Touch points of a business are the points at which there are contact with the customer in the course of a business providing service to the customer.

For example a customer may encounter a business brand on its website, through add, or calls to its customer service.

In the given scenario Fairmont Hotels inputs information about a guest's preferences into a database, which is referred to by the employees the next time the guest returns to the hotel.

This is a record of touch points with customer to guage how to give him better service in the future

on august 1, year 1, a company borrowed funds from the bank by signing a one-year, $500,000 noninterest-bearing note due july 31, year 2. the note was discounted at the bank using a discount rate of 10.8%. the company uses the straight-line method of amortizing note discount. what amount should the company report for notes payable in its december 31, year 1, balance sheet? a. $446,000 b. $468,500 c. $477,500 d. $500,000

Answers

According to the statement, amount should the company report for notes payable in its December 31, year 1, balance sheet is option C: $477,500.

What do you mean by Amortization?

The term amortization referring to as the action or a process of writing off the starting cost of a particular asset.

Adding to it, concerning a loan, amortization mainly depends on spending out loan payments over a period of time. At the time of application, the process of depreciation and amortization is similar.

Furthermore, the basic purpose of amortization is maintaining a budget for large debts such as mortgages or car loans.

Therefore, correct option is C.

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The function g(x) is a transformation of the cube root parent function,f(x)=. What function is g(x)?-515f(x)g(x)O511A. g(x)=x +4-3OB. g(x)=x-3-4C. g(x)=x + 3-4D. g(x)=x-4-3 please help me, i genuinely don't understand Describe the induced fit model. Imma help y'all out if u download taco ball and sign in go to my rewards and u will get 2 free meals thank me later which would be considered liabilities? check all that apply.motorcycle loanown a housecar loancredit card billmortgage Question 1 options:Find the slope of the line that passes through (7, 18) and (9, 9).Write your answer as an improper fraction. Channels are the ideas and feelings that make up the content of communication true or false 1. What is the main cause of a heart attack? A. Blood flow is blocked by a blood clot B. Heart beats irregularly C. The valves in the heart dont operate properly D. A blood clot is blocking a vessel to the brain camels can travel 25 miles per hour.." How long does this route take by camel? How would you define the period of a pendulum?A.) time it takes the pendulum to make one full back-and-forth swingB.) time it takes the pendulum to swing forward onlyC.) time it takes the pendulum to swing back only 2= f/8 f= solve the equation What was the eventual effect of the homestead act of 1862 on American Indian land holdings in the Oklahoma territory? !!!!!!!!!!!!!!!!!!!! Cuba has all of the following EXCEPT:O the highest literacy rate in Latin AmericaO national health careO a strong economyO education Fiona is 7 years older than Gavin. Alex is 12 years younger than Gavin. If the total age is 73 how old is the youngest of them? Would a cross of twodwarf-height pea plants pro-duce regular-height offspring?Hint: Use a Punnett square todetermine the answer 5 sentences each help me please Reflect the figure over the line y = -2x - 3.Plot all of the points of the reflected figure.You may click a plotted point to delete it.-10 -9 -87-6 -510-103 45678910 please help. I don't understand Which of the following expressions have a value of 180 when b = 4?Select all that apply. A. 87b179+95787 B. 33b12 C. b2+120 D. 51b24 E. 11b+1872,75613