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What is an example of a profit in accounting? Knoxville

Published date: January 2, 2026
  • Location: Knoxville, Knoxville, Tennessee, United States



 





In one year, a company made $100,000 in sales and paid $60,000 in total expenses and taxes. The accounting profit would be $40,000 ($100,000 in revenue - $60,000 in explicit costs).



Keywords: Accounting Services in Knoxville
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