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Profits Vs Profitability - Finacc Direct

Both profit and profitability are used by a trusted business advisor when analysing the success of a company. As explained above, profit refers to the total revenue minus expenses and it is an absolute number. Profitability is relative and is used to determine the scope of the profit a business makes in relation to the size of the business.

 

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Uploaded on January 21, 2022