measuring profits
Accounting profit comes as dollar amount, not specific
$1000 buy-in for $1 milli return??? preposterous!!
$100 milli for $1 milli return??? preposterous!!!
Accounting profit is only based on input cost
Oppurtunity cost associated
Accounting profit comes as dollar amount, not specific
$1000 buy-in for $1 milli return??? preposterous!!
$100 milli for $1 milli return??? preposterous!!!
Accounting profit is only based on input cost
Oppurtunity cost associated