Introduction: In this simulation, you will examine the DNA sequence of a fictitious organism: the Snork. Snorks were discovered on the planet Dee Enae in a distant solar system. Snorks only have one chromosome with 6 genes on it. Your job is to analyze the genes of its DNA and determine what traits the organism has.
Net profit, or net income, is a company&#039;s total earnings after subtracting all its expenses from its total sales and other income for a specific period of time. Typically, net profit is measured on a quarterly or annual basis. When compared with a company&#039;s net profit during other periods, it can provide a useful measure for how profitable a company is over time and the overall performance of the company&#039;s management team.
Profit Basics. Profit is the long-term objective of any for-profit business. Profit is the net income of the business. In general, profit equals revenue less expenses. However, companies typically calculate multiple measures of profit on an income statement. Gross profit shows the total revenue minus the variable costs, or cost of goods sold. Operating income and non-operating activities are added or subtracted to gross profit to determine total profit for a given period.