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> That's literally opposite of how accounting works, if you reinvest everything, your profit is 0%. Wrong - Profit is revenue minus costs. See https://en.wiki
by anamax 5y ago
> That's literally opposite of how accounting works, if you reinvest everything, your profit is 0%.
Wrong - Profit is revenue minus costs.
See https://en.wikipedia.org/wiki/Profit_(accounting) https://en.wikipedia.org/wiki/Profit_(accounting) and all of the other definitions on the web. Reinvesting affects cash flow but not profits.