Accounting Profit
Categories: Accounting, Careers, Company Management, Tax, Trusts and Estates, Metrics
Well, it's profit. But with the word "accounting" thrown in there beforehand, it implies that there's something semi-fishy about whether or not there really was profit in a given business or a given transaction.
Like...you had to buy a factory to stamp out the 250 tractors you sold, and if you depreciated that factory to 20% of its cost over 40 years, then, in fact, this year's production of those 250 tractors was profitable, but not on a cash-on-cash basis. Only on an accounting basis, where liberal rules were applied to the rate of depreciation of the factory. Huzzah Accounting Profit.
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Finance: What is a profit center?2 Views
Finance a la shmoop what is a profit center? well here's a profit center and
here's a profit center yeah Google search is where Google makes like a [Google search of profits appear]
hundred forty-two percent of its profits so search for Google is its profit
center in fact if it weren't for its search engine well Google would actually
be losing money YouTube loses a billion dollars a year
depending on how you do the math Google Maps loses 100 million or so everything
else loses a few billion a year and search makes thirty billion dollars a
year annually yeah per year that's what it means
so more than makes up for everything else that's its profit Center and
without that profit center generating profits or cash to fund all these other [Man playing guitar with VR]
wacky ideas the driverless cars our favorite while Google would just be
searching for a way to make money but it doesn't it found it it's called search...
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