What is the difference between income and profit?

income - ()
profit - ()

Some people intend for the terms income and profit to have the same meaning. For example, the income statement was commonly referred to as the profit and loss (P&L) statement. When a company is profitable, we mean that the company has a positive net income.

To aid in understanding these terms, the word "net" is often added. Hence, we often see the terms net income and net profit. This communicates that the amounts are the remainder after expenses have been deducted. For example, a company's profit margin is often listed as the net profit margin (which is defined as the company's net income divided by its net sales). The word "net" also helps to distinguish a company's net profit from its gross profit, and its net profit margin from its gross profit margin.

Some people use the term income to mean revenues. For example, a bank or an individual will often refer to the interest they earn on bond investments as interest income or investment income. A retailer will refer to the sales of merchandise as revenues, but the revenues from secondary activities will be reported as other income ornonoperating income.

It is wise to keep in mind that different meanings are not unusual among people, businesses and countries.

What Is the Difference Between Net Income & Net Profit After Tax?

What is the difference between revenue and income?

revenue - (When analyzing a company's income statement, revenue is found at the top of the page. This is the number from which all calculations originate. Revenue is simply the total amount of cash generated by the sale of products or services associated with the company's primary operations, less any returns or discounts. It can also be thought of as net sales. For a grocery store, this includes the sale of anything found in the store, from vegetables to floral arrangements. )

income - (However, many companies also have alternate income streams from investments or the sale of other assets. These funds are not counted as revenue because they do not stem from the main business, so they are accounted for elsewhere in the income statement. However, in a financial context, the term income almost always refers to the bottom line, or net income.)

• For a business, income refers to net profit i.e. what remains after expenses and taxes are subtracted from revenue. Revenue is the total amount of money the business receives from its customers for its products and services. For individuals, however, "income" generally refers to the total wages, salaries, tips, rents, interest or dividend received for a specific time period.

What is the difference between revenue and profit?

revenue - (Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. If the company is a shoe retailer, the money it makes from selling shoes before accounting for any expenses is its revenue.)

profit - (This is called net profit, because it is the amount of income that remains after accounting for all expenses, debts, additional income streams and operating costs.)

• Although the terms "revenue" and "profit" are sometimes used interchangeably, they mean different things on your income statement. Revenue is the money your business takes in from all sources. Profit is what remains after you pay all the bills. You can have strong revenue but still post a net loss if your cash outflows are greater than your inflows. The income statement discloses your revenue sources and your business expenses. By following how your expenses affect your revenue, you can find ways to cut your costs and increase your profit.

• Revenue can most easily be thought of as the top line of an income statement or profit and loss statement. Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. If the company is a shoe retailer, the money it makes from selling shoes before accounting for any expenses is its revenue. If the company also has income from investments or from a subsidiary company, that income is not considered revenue; it does not come from the sale of shoes. Additional income streams and various types of expenses are accounted for separately.
  

difference between award and prize and reward

award - (An award is usually a token of appreciation for doing something well. A prize is usually a thing or money, while an award is often a certificate. "What did you win in the competition? If you answer "award", then we expect a token of effort and merit (a certificate, a medal, a plaque). You can't use "reward" here; only prizes and awards are won. ")
prize - ("prize" is rarely used as a verb, and when it is, it doesn't mean anything that "reward" or "award" do. A prize is generally won in a competition or a contest. "What did you win in the competition?" If you answer "prize", then we expect something of some material value (100 dollars, a new car, a trip to Hawaii).)
reward - (Shagnal uranshuulal -
"The teacher rewarded his students for their hard work with a week of no homework". You can't use "award" here.)

the difference among award, reward and prize?

(Hello Everyone,

I would like to know here the salient difference among award , reward and prize?)

difference between pride and proud

pride - (                                   "Pride" is a noun.

"Pride" is what someone has.)

proud - (                                "Proud" is an adjective.

"Proud" is what someone is.)

Do you think there is a difference between PRIDE and PROUD? ........is so, please explain.......?

• You may be said to have pride or you may said to be proud, noun versus adjective. To say someone has proud or that someone is pride would be an incorrect usage in either case. 
  
  Yes, the two are related and in much the same way as tall and height. You are tall if you have height. You are not called height if you have tall.

difference between stuff and thing

stuff - (Stuff is more physical but things relate to ideas or actions. stuff is uncountable noun, while thing is a countable noun. They really mean the same thing, however "too much stuff going on" is more informal than "too many things going on".)

thing - (Stuff is more physical but things relate to ideas or actions. stuff is uncountable noun, while thing is a countable noun. They really mean the same thing, however "too much stuff going on" is more informal than "too many things going on".)

stuff & thing

What is the difference between stuff(staff?) and thing?

• Good question!
  
  stuff is very casual word that should only be used in conversation.
  We often use it in place of things.
  For example:
  I have a lot of stuff to do today.
  I have a lot of things to do today.
  
  It can also be used at times when we can't use "things" for plural things.
  What's all that stuff on the table for?
  
  The basic nuance of stuff is things that the speaker feels is not that important or doesn't want to be too exact about.
  
  Hope this helps.

7 Things Successful People Do On The Weekends

Doing piles of laundry, cleaning and finishing up some leftover work assignments. These dreary tasks are not what successful people do on the weekend. Instead, they fill their free days with recharging activities that allow their brains to reboot after a frenetic work week.

 According to Laura Vanderkam, author of What the Most Successful People Do on the Weekend, professional superstars limit their chores on Saturdays and Sundays and instead use those hours to relax with family and exercise (after all, sitting at a desk for hours on end can wreak havoc on the body). A 2014 study from Stanford found that a person's productivity declines when his or her workweek exceeds 50 hours. In fact, productivity plummets so dramatically that after 55 hours, the study found that there's hardly a point to working.  

The infographic below, which is based on Vanderkam's findings, offers smart habits that'll help prepare the brain to take Monday by storm. Workaholics are advised to take note (and print the chart and tape it to their laptop).

difference between 'made by me' and 'made by myself'

made by me - (Made by me = I made it.)
made by myself - (Made by myself = I made it alone, with no one else' help.)

What is the difference between Made by Me and Made by Myself?

(I'm usually saying "made by me'' not "made by myself")

•  No difference..both say you made it..so say it however you want.

• Made by me = I made it. 
  Made by myself = I made it alone, with no one else' help.

• I is use as the subject of a sentence - I gave her a kiss. 
  Me is used as the object (direct or inirect) of a sentence - she gave me a kiss. 
  Myself is an emphatic version of I and me: 
  
  I myself prefer . . . 
  Who should I speak to? Myself. 
  
  For this reason, people often use 'myself' when they don't know whether to use I or me!

By Me or By Myself: what's the difference?

take

it is very good lesson for phrase verb 'take'. you will learn all the phrase verbs with take

difference between cooperate and collaborate

cooperate - (

For starters, they are synonyms.

There is a subtle difference however.

• When you cooperate with someone you work with them, help them, do what someone has asked or told you to do. And you do it without complaining or arguing.
• Cooperation could just mean that you've given me help on something I'm working on and that I'm ultimately responsible for.)

collaborate - (

• If you collaborate with me on a project, we have shared authorship.

• ollaboration is linked to "agreement" (like a contract for a common short-term benefit

• Collaborate means to work together with 2 or more people to produce a piece of work. It’s a co-production. Collaborate is particularly used in the context of whole-of-government contexts, or multi-agency contexts. In other words, to produce a result when multiple agencies are involved, all players must collaborate – work together to produce a result.)

difference between country and countryside

country - (Country is used to describe rural areas (our of town)?
He lives in the country.)
countryside - (Countryside is usually used when you are talking about the beauty or peacefulness of a country area)

some expression with suit

it is quiet useful lesson, and you could learn more expression used suit word. because this word is very common in english

difference between tune and melody

tune - (If someone were to say to me "He played a delightful little melody on the piano", I'd expect him to have used a single finger, while "a delightful little tune" is more likely to have involved both hands.)
melody - (If someone were to say to me "He played a delightful little melody on the piano", I'd expect him to have used a single finger, while "a delightful little tune" is more likely to have involved both hands.)

What's the difference between a tune and a melody?

• Tune can mean a song as a whole as well as its main musical theme, while melody is usually restricted to the latter, at least nowadays. If someone were to say to me "He played a delightful little melody on the piano", I'd expect him to have used a single finger, while "a delightful little tune" is more likely to have involved both hands. ("A delightful little song" would remove all ambiguity.)  Melody is more likely than tune to be used in opposition to harmony. If you're singing in the choir and ask "who has the melody at the fifth measure", the answer will be (probably) "the sopranos"; but if you ask "who has the tune", you'll either get puzzled looks, or someone will play an A on the piano. It's a bit subjective, but I think tune is less formal than melody: if you're whistling it, it's a tune, but if Maria Callas sang it, it's a melody.

• Mainly spelling. That is, tune and melody are very, very similar; I would treat them as synonyms. The MacOS X dictionary (not a dreadfully authoritative source of information) defines 'tune' as MELODY and 'melody' as TUNE, supporting my contention. There are other words used in the definitions, but they come up very similar:

Difference between - Even though, Even if, Even when & Even so

These expressions are not always interchangeable; the context of the sentence will affect your choice:

"Even though" is used when something is always done or a fact is mentioned.

"Even when" is used when something is occasionally done.

"Even if" is used when something is rarely done or just imagined.

Even So

"Even so" is very much like the word "but" or "however." "Even so" is different in that it is used with surprising or unexpected results.

Examples:

She is loud and unfriendly. Even so, I like her.
She is loud and unfriendly, so it is unexpected that I like her.

useful words and expressions for rain

Love it or hate it, we all have to deal with rain. In this essential vocabulary lesson, you will learn some words and expressions that describe rain. How do you talk about light rain and heavy rain? What is the difference between "drizzling", "spitting", and "pouring"? What is a "puddle"? What does it mean if you are "soaked" or "drenched"? Grab an umbrella, and get ready to improve your vocabulary. You will be singing in the rain in no time!
by Alex who are in the following video

difference between treat and cure

treat - (эмчлэх)
cure - (илаашруулйх, идгээх)

What is the difference between cure and treatment?

• a cure is something that will get rid of the illness completely but a treatment is something that will help you to feel better and maybe help you but it isn't guaranteed to cure you. I hope this helped!

Matlab2013a (64-bit matlab)

THE BEAST

Love Story

Dr Jekyll and Mr Hyde

Just Good Friends

Oliver Twist

Three Men in a Boat

In the House

The Scarlet Letter

A Tale of Two Cities

difference between 'so', 'so that' and 'so....adj/adv...that'

by watching this video, you will be able to understand the difference between these words because the man in this video explained it very clearly. So i thought you could understand it

8 Tips for British English Pronunciation

I think it is very helpful in pronunciation. There in the world are so many accents of English, so don't be shy about how you are listened to others. it just doesn't matter, but just try your best to say it clearly. English people are non-rhotic speakers. But some others country's people are very rhotic speakers because they say /r/ very clear such as Russian, Mongolian, Scottish  . Sometimes it is very annoying to listen. So just don't worry about whether you can say /r/ or not. (I love you Jade. you are inspiring me)

Exercise book of the book of Chinese level 1 and fundamental

It is the the exercise book of the book Chinese level 1 because on that book you only learn things such as grammar, pronunciation. But on this book you do some exercise related to the chapters of the book

book for Chinese language (for fundamental and level 1 of Chinese)

i think it is very good book Chinese language when you are studying Chinese language first time. This book gives you the fundamental and level 1 of Chinese language. To note, level 1 is next level of fundamental Chinese. So a student who has never learnt Chinese before should choose this book for fundamental and level 1 of Chinese. This book also has audio CD. On this are listening classes and exercises. You can see the content of this CD on you-tube. As far as i know there are the books of level 2 and level 3 of Chinese, the the written way of which is similar to level . So if you want to study Chinese more, you can search internet for those book.