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Profit (economy)
Profit may refer to: Business and law * Profit (accounting), the difference between the purchase price and the costs of bringing to market * Profit (economics), normal profit and economic profit * Profit (real property), a nonpossessory interest in land * Account of profits, a type of equitable remedy in law (also known as an accounting) Arts, entertainment, and media * ''Profit'' (magazine), a Canadian business magazine aimed at entrepreneurs * ''Profit'' (TV series), an American TV series starring Adrian Pasdar People * Joe Profit (born 1959), former American football player * Laron Profit (born 1977), professional basketball player * Richard Profit (born 1974), English mountaineer and adventurer * Park "Profit" Joon-yeong, professional ''Overwatch'' player Places * Profit, United States Virgin Islands See also * Prophet (other) * The Profit (other) The Profit may refer to: * ''The Profit'' (film) * ''The Profit'' (TV series) See also * Profit (di ...
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Profit (accounting)
Profit, in accounting, is an income distributed to the ownership , owner in a Profit (economics) , profitable market production process (business). Profit is a measure of profitability which is the owner's major interest in the income-formation process of market production. There are several profit measures in common use. Income formation in market production is always a balance between income generation and income distribution. The income generated is always distributed to the Stakeholder (corporate), stakeholders of production as economic value within the review period. The profit is the share of income formation the owner is able to keep to themselves in the income distribution process. Profit is one of the major sources of economics , economic well-being because it means incomes and opportunities to develop production. The words "income", "profit" and "earnings" are synonyms in this context. Measurement of profit There are several important profit measures in common use. ...
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Profit (economics)
In economics, profit is the difference between the revenue that an economic entity has received from its outputs and the total cost of its inputs. It is equal to total revenue minus total cost, including both explicit and implicit costs. It is different from accounting profit, which only relates to the explicit costs that appear on a firm's financial statements. An accountant measures the firm's accounting profit as the firm's total revenue minus only the firm's explicit costs. An economist includes all costs, both explicit and implicit costs, when analyzing a firm. Therefore, economic profit is smaller than accounting profit. ''Normal profit'' is often viewed in conjunction with economic profit. Normal profits in business refer to a situation where a company generates revenue that is equal to the total costs incurred in its operation, thus allowing it to remain operational in a competitive industry. It is the minimum profit level that a company can achieve to justify its con ...
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Profit (real Property)
A profit (short for ''profit-à-prendre'' in Middle French for "advantage or benefit for the taking"), in the law of real property, is a nonpossessory interest in land similar to the better-known easement, which gives the holder the right to take natural resources such as petroleum, minerals, timber, and wild game from the land of another. Indeed, because of the necessity of allowing access to the land so that resources may be gathered, every profit contains an implied easement for the owner of the profit to enter the other party's land for the purpose of collecting the resources permitted by the profit. Creation Like an easement, profits can be created ''expressly'' by an agreement between the property owner and the owner of the profit, or by ''prescription'', where the owner of the profit has made "open and notorious" use of the land for a continuous and uninterrupted statutory period. Types A profit can be ''appurtenant'' (owned by an adjacent landowner, and tied to the use ...
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Account Of Profits
An account of profits (sometimes referred to as an ''accounting for profits'' or simply an ''accounting'') is a type of equitable remedy most commonly used in cases of breach of fiduciary duty. It is an action taken against a defendant to recover the profits taken as a result of the breach of duty, in order to prevent unjust enrichment. In conducting an account of profits, the plaintiff is treated as if they were conducting the business of the defendant, and made those profits which were attributable to the defendant's wrongful actions. This can be rather complex in practice, because the defendant's accounting records must be examined (sometimes by a forensic accountant) to determine what portion of his gross profits were derived to the wrongful act in question. As a result, mathematical exactness is not called for and reasonable approximation is acceptable. Historically an account was not an equitable remedy, but was an action at common law, and is therefore technically an instru ...
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Profit (magazine)
''Profit'' was a bimonthly Canadian business magazine aimed at entrepreneurs. The headquarters of the magazine is in Toronto. History and profile ''Profit'' was launched in 1982. The magazine was published bi-monthly until January 1999 when its frequency was switched to eight times a year. It is now published six times per year and, according to its website, it focusses on "how to find opportunity and seize it", management practices, case studies and "access to peer groups". The headquarters of the magazine is in Toronto. Its sister magazines were ''Canadian Business'' and ''MoneySense ''MoneySense'' is a Canadian online personal finance and lifestyle magazine published by Ratehub. History and profile ''MoneySense'' was founded by Rogers Media in 1999 and started publishing in September 1999. It covers articles on personal fin ...''. In December 2013 ''Profit'' merged with ''Canadian Business'', appearing initially as a special section of that magazine. References External l ...
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Profit (TV Series)
''Profit'' is an American drama television series that originally aired in 1996 on the Fox Broadcasting Company (Mondays at 9:00 p.m. EST). The series was created (and occasionally directed) by David Greenwalt and John McNamara, and starred Adrian Pasdar as the eponymous lead character Jim Profit. In February 2008 repeat episodes began airing on Chiller (in the USA), and in October 2010 on CBS Action (in Europe). Considered by many to have been well ahead of its time, the series was a precursor to the early-21st-century trend of "edgy" TV melodramas (featuring dark themes and multidimensional characters) such as ''The Sopranos'', ''Mad Men'', and ''Breaking Bad''. Controversial themes largely stemming from the lead character's amoral, ''Richard III''-style ways, along with low ratings, made the show uncomfortable and unfamiliar viewing for mainstream U.S. audiences and Fox network affiliates at the time, leading to its cancellation after just four episodes (including the ...
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Joe Profit
Joe Profit (born August 13, 1949) is a former American football running back for the Atlanta Falcons in the National Football League (NFL). He spent two seasons, plus part of a third, on the Atlanta Falcons before moving to the New Orleans Saints. He was selected in the first round with the seventh overall pick in the 1971 NFL Draft. In his three seasons in the NFL, he rushed 133 times for 471 yards and three touchdowns. He spent the 1974 season with the Birmingham Americans and 1975 with the Birmingham Vulcans, both of the World Football League. He played college football at Northeast Louisiana University. Profit ran as a Republican in 2018 for Congress in Georgia's 4th congressional district, losing to incumbent Democrat Hank Johnson. Early life and college career Joseph Profit was one of nine children born to Simon and Ethel Profit in one of the poorest areas in America, Lake Providence, Louisiana. He graduated from Richwood High School in Monroe, Louisiana, and afterward ...
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Laron Profit
Bronta Laron Profit (born August 5, 1977) is an American professional basketball coach and former professional basketball player. Early life and college Profit was born in Charleston, South Carolina. Because his stepfather James Truiett served in the United States Air Force, Profit lived in various Air Force bases as a child including Kirtland Air Force Base in Albuquerque, New Mexico, Howard Air Force Base in the Panama Canal Zone, Dover Air Force Base in Dover, Delaware. In 1995, Profit graduated from Caesar Rodney High School in Camden, Delaware as an honor student who scored over 1000 on his first attempt at the SAT exam. From 1995 to 1999, Profit attended the University of Maryland, College Park. With the Maryland Terrapins basketball team, Profit played as a small forward and earned all-conference all four seasons: Honorable Mention All-ACC as a freshman then for his other three seasons third-team All-ACC. In his junior year, Profit led the ACC in steals with 2.7 steals per ...
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Richard Profit
Richard (Rich) Profit (born 1974) is an English mountaineer, sailor, a former British Army officer and polar adventurer. In 2007 he took part in the Polar Race with the mother and son pair Janice Meek and Daniel Byles, successfully walking and skiing 350 nautical miles from Resolute, Nunavut to the Magnetic North Pole in 20 days and 5 hour helping to set two Guinness World Records. He is married with two sons. Background Profit was born in Cheshire, England, and after living for a short while in the North West his family moved to Johannesburg, South Africa. He returned to England in 1978 and the family settled in Wokingham, Berkshire where he attended St Paul's Primary School, and The Forest School (Winnersh). In 1985 the family moved to the Midlands, England, and he attended Oakham School, where he was actively involved in the Combined Cadet Force and the Duke of Edinburgh Award Scheme (attaining Gold), and he was awarded School Colours for full bore shooting. After school he ...
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Park "Profit" Joon-yeong
Park Joon-yeong (, born November 19, 1999), better known by his online alias Profit, is a professional South Korean ''Overwatch'' player for the Seoul Dynasty of the Overwatch League (OWL). Prior to the OWL's inception, he played for GC Busan, winning OGN APEX Season 4 was named the APEX Finals most valuable player. In the Overwatch League, Park signed with the London Spitfire of the OWL in its inaugural season. He won the league's first Grand Finals with the Spitfire, after they defeated the Philadelphia Fusion, and was named the Grand Finals most valuable player. Early years Park was born on November 19, 1999, in Jinju, South Korea. Professional career GC Busan Park began his ''Overwatch'' career with Korean team GC Busan in April 2017. The team competed in OGN APEX Season 4, a premier ''Overwatch'' tournament series in South Korea. After defeating Cloud 9 KongDoo in the semifinals, they were set to take on RunAway in the best-of-seven finals. Park amassed 134 kills ...
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Profit, United States Virgin Islands
Profit is a settlement on the island of Saint Croix in the United States Virgin Islands The United States Virgin Islands,. Also called the ''American Virgin Islands'' and the ''U.S. Virgin Islands''. officially the Virgin Islands of the United States, are a group of Caribbean islands and an unincorporated and organized territory .... References * Populated places in Saint Croix, U.S. Virgin Islands {{SaintCroixVI-geo-stub ...
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Prophet (other)
A prophet is a person who is believed to speak through divine inspiration. Prophet or The Prophet may also refer to: People People referred to as "The Prophet" as a title * The Prophet (musician) (born 1968), Dutch gabber and hardstyle DJ and producer * Black Prophet (born Kenneth Wilberforce Zonto Bossman, 1977), Ghanaian reggae music composer and a member of the Rastafari movement * Capleton (born 1967), known as "The Prophet", Jamaican reggae and dancehall artist * Francis the Prophet (c.1770–1818), a leader of the Red Stick faction of Muscogee, Creek Native Americans * Muhammad (570s–632), also known as ''Al-Nabi'' (''The Prophet''), regarded by Muslims as the last prophet of God * Tenskwatawa (1775–1836), Shawnee leader called "The Prophet" or "The Shawnee Prophet" * Wabokieshiek (ca. 1794 – ca. 1841), Ho-Chunk leader called "The Prophet" or "The Winnebago Prophet" * Zoroaster (or Zarathushtra), founder of Zoroastrianism, sometimes referred to simply as "The Pr ...
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