Profit and profitability are often confused, but they measure different things. Profit is an absolute number, the money a company earns after expenses, while profitability is a relative measure of ...
When investors evaluate a company’s financial health, most tend to look at net profit first. It is a headline number, prominently displayed in quarterly results and reports. However, while profit is ...
Mike Anderson says labor gross profit only makes sense when shops understand how employee costs are reflected in their P&L.