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Can the profit of 3.21 be best described in negative or positive numbers?
Wiki User
∙ 11y ago
Positive.
Wiki User
∙ 11y ago
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What are some negative numbers you use in the real world?
1) Temperature below zero degrees is denoted by a negative number. 2) In business, profit is shown as positive and loss as negative
Why do we have negative numbers?
We have negative numbers, because if there were no negative numbers, people wouldn't lose profit, they would always gain.
Is profit negative when output is zero?
No ,zero is not positive or negative so the outcome is the same as it was to begin with. In other words, you broke even.
Why does the industrial production go to negative numbers?
due to less profit and more loss.
How can you make your negative working capital positive?
first of all please understand that if the company has negative working captial than surely it is going to its grave. to make negative working captial positive is to induce more long term source of financing such as equity. long term dept or bank borrwoings, and also not the least bring the company into profit.
How can the gross profit be positive while the net profit is negative?
not sure
What are some negative numbers you use in the real world?
1) Temperature below zero degrees is denoted by a negative number. 2) In business, profit is shown as positive and loss as negative
Why do we have negative numbers?
We have negative numbers, because if there were no negative numbers, people wouldn't lose profit, they would always gain.
What are some examples of negative numbers in daily life?
There are lots of situations in the real world in which there are opposites, which can conveniently be expressed with positive/negative numbers. Here are some examples:Having money (positive), having a debt (negative)Getting a profit (positive) or a loss (negative) with a business ventureAn altitude above (positive) or below (negative) sea levelGaining points or losing points in a gameMoving in one direction or in the opposite direction. In this case, it is quite arbitrary which direction is chosen as positive.
How are negative numbers used in real life?
For example:If having cash is a positive number, having a debt is a negative number (you are worse of than if you simply don't have anything).Similarly, gaining a profit on a transaction is positive; losing money is a "negative profit". The same can be said for the mathematical expectation (expectation value) of any activity, bet, game, etc.Altitude above sea level can be called positive, below sea level, negative.
How do I calculate simple profit and loss?
Profit or loss = income - expenses. A positive number is profit, a negative number is loss.
What does 'Being in the black' mean in business?
Bookkeepers used ink to record the money of a company. They use red ink for negative numbers and black ink for positive numbers. When a company is in the black it is making a profit.
Is profit negative when output is zero?
No ,zero is not positive or negative so the outcome is the same as it was to begin with. In other words, you broke even.
What is the formula for calculating loss?
You calculate loss the same as you would do profit income minus expenses (outgoings) = profit/loss If the answer is negative then you are making a loss, if the answer is positive then you are making a profit.
Why does the industrial production go to negative numbers?
due to less profit and more loss.
Is debit positive or negative?
In case of Assets debit is positive which means increase in assets as well as for liabilities debit means reduction in liabilities but for expenses it is negative as it increases the expenses and reduces the profit
What is the difference between Net loss earnings versus net loss gains?
Income less than expenses negative numbers below zero. Income more than expenses. Positive numbers above zero a net profit from the business operation.
