business profit

Why Is It Necessary To Find The Profit Prior And After Incorporation?

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Why Is It Necessary To Find The Profit Prior And After Incorporation? Why is it necessary to find the profit prior and after incorporation? It is a capital profit and not legally available for distribution as dividend because a company cannot earn a profit before it comes into existence. Profit earned after incorporation is revenue

What Is The Difference Between Short Run And Long Run For Perfectly Competitive Firms?

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What Is The Difference Between Short Run And Long Run For Perfectly Competitive Firms? In a perfectly competitive market, firms can only experience profits or losses in the short-run. In the long-run, profits and losses are eliminated because an infinite number of firms are producing infinitely-divisible, homogeneous products. What is the difference between short-run and