Training Module – Profit and Loss Handout
Module 2: PROFIT AND LOSS The course examines the easily overlooked expenses that can affect expenses and provide an avenue to calculate business profit and losses. Profit: a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something. Loss: The fact or process of losing something like an amount of money lost in a Business Expenses: The cost incurred in or required for something. Hidden Cost: Are expenses that are not normally included in the purchase price for a piece of equipment or machine. These costs normally impact profitability.
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