Net Profit
Definition:
The final profit after subtracting all costs.
Example: The Fashion Boutique Co. makes $200,000 in sales, but after expenses (rent, salaries, marketing), the final profit is $50,000.
Definition:
The final profit after subtracting all costs.
Example: The Fashion Boutique Co. makes $200,000 in sales, but after expenses (rent, salaries, marketing), the final profit is $50,000.