Topic 7. Profit analysis - Volosiuc

Extras din document

Topic 7. Profit analysis 7.1. General principles of enterprise profit analysis The financial result is characterized by the amount of profit (loss) and the level of profitability. Profit is the excess of income over expenditure. Quantitatively the profit (loss) is defined as follows: Profit (loss) = Income - Expenses The reserves of profit growth are: 1. Growth in the volume of production and sales of products 2. Improving the structure of the assortment and increasing the competitiveness of products 3. Reducing the cost of production and sales of products by changing unjustified costs and eliminating unnecessary losses