Are Profit and Profitability the Same Thing?

The terms “profit” and “profitability” are used quite frequently in everyday talk to mean the same thing. We often hear someone say “my business made a profit last year” or “my business was profitable.” But are the two statements equivalent? In this article, I’ll explain the two terms, outlining th...

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Bibliographic Details
Main Author: Edward Evans
Format: Article
Language:English
Published: The University of Florida George A. Smathers Libraries 2014-02-01
Series:EDIS
Subjects:
Online Access:https://journals.flvc.org/edis/article/view/131413