a ratio of profitability calculated as net profits divided by sales

the original purchase price of assets, not their estimated current selling price or replacement cost

the amount of money received from customers for the goods or services that you sell before charges are taken away

the reduction in value of a fixed asset during the years of its use charged against profit

the profit before charges are taken away

all the money that a company will have to pay to someone else in the future, including taxes, debts, interest and mortgage payments

the final figure for profit or loss

the various expenses of operating the business that cannot be charged to anyone product, process or department

the costs associated with making the products that have been sold, such as raw materials, labour, salaries and factory expenses

Look-out

Pilot

OOW

Master

Helmsman