The decline in company's profit is attributable to four factors:
• Slower holiday sales.
• Increased transportation and fuel costs.
• Higher employee wages.
• Slower inventory turnover.
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What is company's profit ?
One shareholder who has all of the company's issued shares is entitled to receive all of the company's surplus revenue (profits) Each shareholder owns 50% of the firm and is entitled to 50% of the excess revenue if a corporation has two owners and issues two shares of equal value. The money that remains after a firm has paid all of its expenditures is known as corporate profit. Top-line revenue is the total amount of money received by a company from the sale of goods or services during the reporting period.
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