The term profitability is composed of two words 'profit' and 'ability'. The word profit has been defined in a number of ways. The meaning of a profit differs according to the use and purpose of the figures. To obtain 'profit' form accounting point of view, total expenses are deducted from the total revenues for a given period. The term 'ability' reflects the power of the enterprise to earn profits. This ability is referred as "earning power" to "operating...