incorporation period

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 Are The Different Ratios Used In Ascertaining Profit Prior To Incorporation?

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What Are The Different Ratios Used In Ascertaining Profit Prior To Incorporation? Steps may be suggested for ascertaining profit or loss prior to incorporation: Step I: Step II: Calculate the following two ratios: (i) Sales Ratio: (ii) Time Ratio: Step III: How do you calculate gross profit before incorporation? Gross profit minus the total of