Posted by: A. C. Cockerill | December 21, 2012

Question of the Week #53: Culture

Question of the Week #53: Culture

What is the difference between a profit and a profit margin?

My two cents (but please share yours):

Please share your views first. I’m planning to devote a “Fun Factoid” post to this topic in the near future.

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Responses

  1. I always thought that profit was the excess of revenue over costs, while the profit margin was the percentage of profit as a percentage of the cost. but that’s just my lousy memory.

    • Thank you very much, Louise. I am going to save the answer for the “Fun Factoid” post. Cheers, Ashley

  2. I don’t know, but I look forward to your “Fun Factoid!”

    • So glad, Jolyse. I’ll try to make the post a good one. Cheers, Ashley


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