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Simple English definitions for legal terms

profit margin

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A quick definition of profit margin:

Profit margin refers to the amount of money a company makes after subtracting the cost of producing and selling its products or services. It is the percentage of revenue that remains as profit. For example, if a company sells a product for $100 and it costs $70 to produce and sell, the profit margin would be 30%. This means that for every $100 in revenue, the company makes $30 in profit. A higher profit margin is generally seen as a good thing, as it means the company is making more money relative to its costs.

A more thorough explanation:

Definition: Profit margin is the percentage of revenue that a company keeps as profit after deducting all the expenses. It is calculated by dividing the net profit by the revenue and multiplying the result by 100.

Example: If a company has a revenue of $100,000 and its expenses are $80,000, then its net profit is $20,000. The profit margin would be calculated as follows:

Profit Margin = (Net Profit / Revenue) x 100

Profit Margin = ($20,000 / $100,000) x 100 = 20%

This means that the company keeps 20% of its revenue as profit after paying all the expenses.

Another Example: A bakery sells cakes for $20 each. The cost of ingredients and labor to make one cake is $10. The bakery sells 100 cakes in a month, which means its revenue is $2,000. The total cost of making 100 cakes is $1,000. Therefore, the net profit is $1,000. The profit margin would be:

Profit Margin = (Net Profit / Revenue) x 100

Profit Margin = ($1,000 / $2,000) x 100 = 50%

This means that the bakery keeps 50% of its revenue as profit after deducting the cost of making the cakes.

The examples illustrate that profit margin is the percentage of revenue that a company keeps as profit after paying all the expenses. It is an important metric for businesses to measure their profitability and financial health.

profit and loss statement | Progressive discipline

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16:37
only insofar as camping is used to consume non-working time in such a was as to soothe and rest one's mind to prepare it to return to labor
16:38
that's hot
camping is pretty chill tho
16:42
the idea is not that camping is bad. the idea is that you should be allowed to do things without doing them for the purpose of being a better worker
ok thats fine
i dont do anything for that purpose
16:49
yeah absolutely bunnynoise
16:49
do things for your own enrichment and satisfaction not out of an obligation stemming from your job
Dkk
17:03
Or, know when your job deserves you doing something out of obligaiton and when your job does not.
every time you start a sentence with Or i think you are saying gold in french
Dkk
18:03
Lol, Cote d'Or
Cote d'ivoire
i exist to transform caffeine into legal writing
i am taking this winter break to recover so i can more optimally transform the caffeine
Dkk
18:43
@wasp.very good. Btw Wasp, I got the bloodhound on my 2nd master clue scroll.
Dkk
18:43
I also chose Freminik as my last region.
@Dkk: that’s cracked
the freminik jewelry is really good
but echo dks are hard
Dkk
18:56
Yeah I have heard. Gunna probably die a lot
triplethread
20:13
I had a dream dk doxxed me
20:15
Had lamb saag today
20:15
Kicked ass
Dkk
20:23
@triplethread: lol I would only ever dox people who have already doxed themselves. Nice @swag
anyone here applying to northwestern?
20:45
they should rename themselves midwestern for truth in advertising
20:46
northmidwestern
20:51
why did they invent a kind of western that was mid?
BulbasaurNoLikeCardio
8:31
I hope everyone had a great christmas, may we all pray to the LS gods that some results come out today or tomorrow
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