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Profit on the income statement

Profit on the income statement

Income statement flow showing sales revenue, cost of sales, gross profit, operating expenses, operating profit, finance costs, tax, and profit for the year, with a callout comparing profit and cash

Profit is the money left after costs have been deducted from revenue. In an income statement, you move step by step from sales revenue down through different layers of cost.

Profit Lesson

  1. A Level
  2. /Business
  3. /Profit

Step-by-step lessons on AQA A Level Business Profit. Each one builds up to exam-style questions. Build up your knowledge of the core business functions first, then focus revision time on the strategy and evaluation-heavy topics, since these carry the most marks.

Lessons