• tider06
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    311 year ago

    Profit is what’s left of revenue after expenses are covered.

    • 👁️🫦👁️
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      fedilink
      21 year ago

      And capital expenditure isn’t necessarily an expense in the accounting sense. CapEx comes from previous profit

      • tider06
        link
        41 year ago

        It’s an asset charged as a fixed expense, depreciated over time. It is an expense, generally property or equipment, but still is an expense, which is defined as money spent in pursuit of revenue, which is determined before profit.