Profit = ____ + Dividend + Retained Earnings.
Fill in the Blanks:
Profit = ____ + Dividend + Retained Earnings.
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Profit = Corporate Tax + Dividend + Retained Earnings.
Explanation:-
Profit is in the income from entrepreneurship.
First corporate tax is paid out of it.
From the rest, the dividend to the shareholders.
The rest is the retained earnings of the firm.
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