Which of the following is the best definition of "profit?" O a. Total money taken in by a corporation O b. Increases in income from year to year O c. Increases in a corporation's stock price O d. Revenue generated by goods and services O e. Difference between revenues and expenses Next pa Chapter ecture Jump to. EA
Answer
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Profit is defined as the difference between the Revenues and Expenses |
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Profit is nothing but a revenue generated by rendering the goods or services over the expenses to meet the requirements is Known as Profit |
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Option (e) is Correct |
