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Accounting profits are typically?
greater then economic profits,as accounting profits do not include implicit costs
How do you calculate economic profits?
Profits = revenues - expenses
Which statements is true about profits in a monopolistically competitive market?
many firms will earn profits in the short term, but they must constantly innovate and compete to earn profits in the long term
Economic profits in an industry suggest the industry?
economic profits in a industry suggest the industry
Match each type of business with the person or persons who get to keep the business's profits.?
In a sole proprietorship, the individual owner retains all profits. In a partnership, profits are shared among the partners according to their agreement. In a corporation, profits are distributed to shareholders in the form of dividends, while the corporation itself also reinvests some profits for growth. In a limited liability company (LLC), profits can be distributed to members according to their ownership percentages or as outlined in the operating agreement.
Objectives of private sector?
* a private sectors aim is to maximise profits or increase market shares. * they set objectives to be able to acheive it * for instance to advertise more attractive things
Advantages of capital from profits?
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Which is gramatically correct bottom-line profits or bottom line profits?
Bottom-line profits
Accounting profits are typically?
greater then economic profits,as accounting profits do not include implicit costs
If SmartShop's profits have been growing at 5 percent per year This year their profits were approximately 500000 What were their profits last year?
SmartShop's profits have been growing at 5% per year. This year their profits were approximately $500,000. What were their profits last year?
What were the profits of SmartShop if their profits have been growing at 5 percent per year and this year their profits were approximately 500000?
The answer depends on the period for which the old profits are required.
A small company had profits of 550000 last year This year their profits were only 484000 dollars What was the percent decrease in their profits?
The company's profits decreased by 12%
How do you calculate economic profits?
Profits = revenues - expenses
How we're small business in trusts treated unfairly?
They recieved few profits
When was The Profits of Religion created?
The Profits of Religion was created in 1917.
When was The Profits of Extermination created?
The Profits of Extermination was created in 2005.
If profits have been growing at 5 percent per year and this year profits are 500000 what was profits last year?
475000
