Distinguish between the terms ‘wealth’ and ‘profit’.

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Accounting

Distinguish between the terms ‘wealth’ and ‘profit’.

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Difference between wealth maximization and profit maximization The main difference between miximization of wealth and profit is that profit focus short term goals while wealth is focus on maximization of overall value of the business organization over a time These are substantial See Answer

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Distinguish between the terms ‘wealth’ and ‘profit’.

90.2K

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Accounting

Distinguish between the terms ‘wealth’ and ‘profit’.

Answer & Explanation Solved by verified expert

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