Has Chewy ever made a profit?
I'm curious if Chewy, the online retailer specializing in pet supplies, has ever turned a profit. With the competitive e-commerce landscape, it's interesting to know if they've managed to achieve profitability.
What is the difference between profit and revenue?
I want to understand the difference between two financial terms: profit and revenue. I'm confused about how they differ and would like a clear explanation.
What is the relationship between price elasticity and profit?
I'm trying to understand the correlation between price elasticity and profit. How does the sensitivity of demand to price changes affect a company's profitability? Are there specific patterns or trends to observe?
Does profit include fixed cost?
I'm trying to understand if profit takes fixed costs into account. Specifically, when calculating profit, do we subtract fixed costs from the total revenue, or are fixed costs not considered in this calculation?
Is commission based on sales or profit?
I'm trying to understand how commission is calculated. Specifically, I want to know if it's determined based on the total sales amount or the profit generated from those sales.