PROFITABILITY Definition

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PROFITABILITY is companys ability to generate revenues in excess of the costs incurred in producing those revenues.

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SIMPLE INTEREST is interest computed on principal alone, as opposed to compound interest which includes accrued interest in the calculation.

POINT OF is a positional determinant or modifier in that it is either the starting or ending position, e.g. point of sales, point of delivery, point of collection, or point of completed production.

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