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Profit is the amount made for as company on the sales of a product or service after taxes

wealth can be an amount which is not earned i.e. lottery win, shares sold making money for shareholder, inheritance or accumulated wages from working

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Difference between not for profit and non profit?

No difference.


What is Three basic reasons is profit maximization inconsistent with wealth maximization?

Profit maximization is a narrow view which accounts for only the difference between sales and costs Wealth Maximization is broader and more philosophical in approach. Wealth maximisation includes not exhaustively culture , synergy, value, potential and wealth


What is the difference between shareholder's wealth maximization and shareholder's profit maximization?

Wealth is the accumulation of profit so it might seem that the two are maximized in the same way. But there are differences. Some examples:- Profit may be taxed. So wealth is maximized by maximizing the net of profit minus tax impacts which may occur in the future.- Increased value of an investment would add to wealth but would not show up as profit until the investment is sold.-Wealth may be obtained in ways other than profit. Receiving a gift or buying something for less than its real value may add to wealth but are not profit.-Stock buy-backs by a company produce no profit but increase stockholder wealth by driving up the value per share held.


Is there a difference in selection of statistical tools for evaluation for non-profit organizations?

No. The primary difference between for profit and not-for-profit organizations is simply their income tax treatment by the IRS.


What are the difference between value maximation and profit maximation?

Value maximization and profit maximization are very much related, the main difference being- value maximization means increases in owners' wealth achieved by maximizing of the value of a firm's common stock. profit maximization is the process by which a firm determines the price and output level that returns the greatest profit. the other difference among the two could be sited as- value maximization is seen as long term objective of a firm, whereas profit maximization is generally a short term objective.

Related Questions

Wealth maximization is a function of share price maximization discuss?

the difference between Profit maximisation and share price maximisation


Difference between not for profit and non profit?

No difference.


What is Three basic reasons is profit maximization inconsistent with wealth maximization?

Profit maximization is a narrow view which accounts for only the difference between sales and costs Wealth Maximization is broader and more philosophical in approach. Wealth maximisation includes not exhaustively culture , synergy, value, potential and wealth


What is the difference between profit maximization and wealth maximization?

Shareholder wealth (more commonly referred to as shareholder value) is talking about the value of the company generally expressed in the value of the stock. Profit maximization refers to how much dollar profit the company makes.


What is the difference between non profit hospitals and for profit hospitals?

What is difference between trust run and for-profit hospitals


What is the difference between Common Wealth vs State?

What is the difference between a common wealth and a state?


What is the difference between not-for-profit and non-profit?

No difference. They mean the same thing.


What is the difference between not-profit and non-profit?

No difference. They mean the same thing.


What is the difference between non-profit and not-for-profit?

There is not difference; they mean the same thing.


What is the difference between shareholder's wealth maximization and shareholder's profit maximization?

Wealth is the accumulation of profit so it might seem that the two are maximized in the same way. But there are differences. Some examples:- Profit may be taxed. So wealth is maximized by maximizing the net of profit minus tax impacts which may occur in the future.- Increased value of an investment would add to wealth but would not show up as profit until the investment is sold.-Wealth may be obtained in ways other than profit. Receiving a gift or buying something for less than its real value may add to wealth but are not profit.-Stock buy-backs by a company produce no profit but increase stockholder wealth by driving up the value per share held.


What are the similarities between profit maximisation objectives and wealth maximisation objectives?

Both profit maximization and wealth maximization have the objective of increasing the net worth.


What is the difference between dividend and profit share?

difrent between profit and divident