importance. of profit

Question 1

1. source of finance

Answer 1

• payed off everything
• retained profits = fund expansion

Question 2

2. reward for taking risks

Answer 2

owner = take risk = reward is profit
shareholder = invest in business, if makes profit = divendends

Question 3

3. not for profit businesses

Answer 3

profit that ntp businesses make, give back to enviroment, society memebers,