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accounting profit
Posted 06 January, 2009 by Damion G. Levy from Qujingyou've got a most excellent site, Priestess! I have been trading on MIG for about two or three months, and i ran by a term i couldn't fathom: what does accounting profit mean?Currency Priestess Answers:thank you for your kind words, Damion. Accounting profit is A company's total earnings, calculated according to Generally Accepted Accounting Principles (GAAP), and includes the explicit costs of doing business, such as depreciation, interest and taxes. Accounting profits tend to be higher than economic profits as they omit certain implicit costs, such as opportunity costs. For example, if you invest $100,000 to start a business and earned $120,000 in profit, your accounting profit would be $20,000. Economic profit would add implicit costs, such as the opportunity cost of $50,000 should you have been employed instead during that period. As such, you would have an economic loss of $30,000 ($120,000 - $100,000 - $50,000).Go to MIG Investments
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a service with good tutorials
Posted 27 August, 2009 by Luca H. Ferrell from Germanythis is the most interesting site, Lord! Although i ain't certainly a first time user, i ran into something i don't understand: any site with informative first time users educational courses that you can advice me of?
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Service's web connection
Posted 11 August, 2009 by Valentina Rodolfo Love from Berdytšivthanks, Master for a most outstanding site! I'm new at all this forex trading domain, and and i was wondering, will you give me a suggestion for a foreign exchange platform that has a secure server connection?
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Strategic asset allocation?
Posted 05 March, 2010 by Emilee Saunders from San Jose, United Statesmy name is Emilee Saunders from San Jose, United States. I'm an all-inclusive beginner, and i have a question to you on a term that i didn't make out: what does strategic asset allocation mean?
Read the answer Answered by Investment Ace
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