Switzerland, a global commodities trading hub, decided Wednesday to push for a moratorium on commercial exploitation of the international seabed area, which has enormous mineral resources.
Environment
Jun 28, 2023
0
4
One hundred meters underground inside a pit in northern China, miners extract lumps of coal with the flick of a finger on a smartphone, as the country tries to drag the traditionally dangerous and dirty work into the digital ...
Environment
Apr 28, 2023
0
13
Without regulations for their use, the condition of freely accessible resources such as fish stocks, water or air can deteriorate dramatically. In economics, this is referred to as the "Tragedy of the Commons." In 2009, Elinor ...
Mathematics
Feb 8, 2023
0
34
In the U.S., where the curve of infections has not yet flattened since the beginning of the pandemic, 158,000 people have died from COVID-19 already. And despite the choice by all US states to gradually ease lockdown from ...
Mathematics
Aug 11, 2020
0
18
German high-end carmaker BMW said Tuesday it would accelerate plans to introduce new electric models, as the whole industry comes under pressure to meet strict emissions regulations.
Automotive
Jun 25, 2019
0
1
Indian carmaker Tata Motors on Monday reported a 47 percent fall in quarterly profits after being hit by new struggles to sell its luxury Jaguar Land Rover cars in China and other key markets.
Business
May 20, 2019
0
6
Struggling Japanese engineering firm Toshiba on Monday reported improved full-year net profit thanks to the sale of its chip business, but said operating profit was sharply down.
Business
May 13, 2019
0
9
Rupert Murdoch's mass media and publishing company News Corp posted a third quarter net profit of $23 million Thursday, boosted by its HarperCollins book division.
Business
May 10, 2019
0
8
Emirates Airline reported a 69 percent drop in net profits Thursday on high fuel prices and a strong dollar in what it described as a "tough" year.
Business
May 9, 2019
0
6
German network operator Deutsche Telekom said Thursday it was confident of hitting its financial targets for 2019, although it reported falling profits in the first quarter as costly infrastructure investments hit.
Business
May 9, 2019
0
7
In business and finance accounting, net profit is equal to the gross profit minus overheads minus interest payable plus/minus one off items for a given time period (usually: accounting period).
A common synonym for "net profit" when discussing financial statements (which include a balance sheet and an income statement) is the bottom line. This term results from the traditional appearance of an income statement which shows all allocated revenues and expenses over a specified time period with the resulting summation on the bottom line of the report.
In simplistic terms, net profit is the money left over after paying all the expenses of an endeavor. In practice this can get very complex in large organizations or endeavors. The bookkeeper or accountant must itemise and allocate revenues and expenses properly to the specific working scope and context in which the term is applied.
Definitions of the term can however vary between the UK and US. In the US, net profit is often associated with net income or profit after tax (see table below).
The net margin percentage is a related ratio. This figure is calculated by dividing net profit by turnover, and it represents profitability, as a percentage.
This text uses material from Wikipedia, licensed under CC BY-SA
