How are potential and distance related?

How are potential and distance related?

Moving towards and away from the charge results in change of potential; the relationship between distance and potential is inverse. For one point charge, potential will be constant for all points a certain radial distance away. Multiple points of the same potential are known as equipotential.

How do you calculate profit and loss example?

To calculate the accounting profit or loss you will:

1. add up all your income for the month.
2. add up all your expenses for the month.
3. calculate the difference by subtracting total expenses away from total income.
4. and the result is your profit or loss.

What is profit and loss account with example?

The profit and loss (P&L) statement is a financial statement that summarizes the revenues, costs, and expenses incurred during a specified period, usually a fiscal quarter or year. These records provide information about a company’s ability or inability to generate profit by increasing revenue, reducing costs, or both.

How do you read a profit and loss report?

The P&L tells you if your company is profitable or not. It starts with a summary of your revenue, details your costs and expenses, and then shows the all-important “bottom line”—your net profit. Want to know if you’re in the red or in the black? Just flip to your P&L and look at the bottom.

What is profit and loss account in simple words?

A profit and loss account shows a company’s revenue and expenses over a particular period of time, typically either one month or consolidated months over a year. If that is the case, then your business has made a profit. The profit and loss account represents the profitability of a business.

Which expenses are shown in profit and loss account?

The main categories that can be found on the P&L include:

• Revenue (or Sales)
• Cost of Goods Sold (or Cost of Sales)
• Selling, General & Administrative (SG&A) Expenses.
• Marketing and Advertising.
• Technology/Research & Development.
• Interest Expense.
• Taxes.
• Net Income.

How do you Analyse a balance sheet and profit and loss account?

Analyzing a P&L Statement

1. Sales. This may seem obvious, but you should review your sales first since increased sales is generally the best way to improve profitability.
2. Sources of Income or Sales.
3. Seasonality.
4. Cost of Goods Sold.
5. Net Income.
6. Net Income as a Percentage of Sales (also known a profit margin)