For businesses and entrepreneurs, which of these is generally considered to be the BEST measure of success? Question 1 options: net profit total revenue marginal cash marginal revenue
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net profit is the Answer
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We first define success :
This is the accomplishment of an aim.
In a business, there are aims and goals to be achieved and this can only be measured in monetary terms.
What shows that every activity in a business was successful is the profit that results from it.
Therefore the net profit is a measure of success.
We can define the meaning of net profit :
This represents the number of sales after all operating expenses, taxes, preferred stock dividends and interests have been deducted from the total revenue of a business enterprise.
This answers the question well.
This is the accomplishment of an aim.
In a business, there are aims and goals to be achieved and this can only be measured in monetary terms.
What shows that every activity in a business was successful is the profit that results from it.
Therefore the net profit is a measure of success.
We can define the meaning of net profit :
This represents the number of sales after all operating expenses, taxes, preferred stock dividends and interests have been deducted from the total revenue of a business enterprise.
This answers the question well.
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