Learn the profit maximization definition, its importance, and explore the profit maximization theory. See how to calculate profit maximization with examples.

Learn about the accounting profit definition and formula. Learn how to use the accounting profit formula to calculate the net profit after deducting expenses.

Understand the meaning of business. Learn the definition of business and characteristics of business. Know what business is with the help of examples.

Learn about profitability. Understand what profitability is, learn what profit means and how economists measure profitability and see examples of profitability.

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

Understand the meaning of gross profit in accounting. Discover the formula for calculating gross profit and explore some examples of gross profit calculation.

Learn what the definition of economic profit is, and understand how to calculate it using an equation.

Explore net profit. Learn the definition of net profit and understand the difference between gross profit and net profit. See net profit formula with examples.

Learn the profit maximization definition, its importance, and explore the profit maximization theory. See how to calculate profit maximization with examples.

Profit potential (also called income potential) relates strictly to a company's capacity to make money through transactions and future business; however, the earning potential definition includes ...