Denise6Lcas7tarr Denise6Lcas7tarr

29-03-2017
Business

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The accounting profit is equal to

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Rim2000 Rim2000

07-04-2017

is the monetary costs a firm pays out and the revenue a firm receives. It is the bookkeeping profit, and it is higher than economic profit. Accounting profit = total monetary revenue- total costs.

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