This preview shows page 1. Sign up to view the full content.
Unformatted text preview: customer such as rent, utilities, salaries, supplies, etc. Then subtracting the revenue that you have been able to generate through sales, marketing customer traffic, if you have extra you are considered a profitable company. If you have a deficit, then you are not a profitable company and will not be in business very long. Provide real-world examples to support your answer. When I receive my paycheck every week I have to factor all of my expenses for that week. If I have bills that total more than what I received in my paycheck, I am not in a profitable situation. However, if I have money remaining after I have paid all the necessary bills, I had a profitable week. In order to remain viable, I must insure that I have more weeks where I have monies left over than weeks that have a deficit. As long as the weeks with a surplus outnumber the weeks with a deficit, then I am in a profitable situation....
View Full Document
This note was uploaded on 12/13/2011 for the course BUSINESS BUS 210 taught by Professor Chericutter during the Spring '09 term at University of Phoenix.
- Spring '09