3 ms·
Change in net asset is calculated the same as net profit, but is not the same in an accounting sense. Constitutive to profit is a return to private stakeholder
by whimsicalism 3y ago
Change in net asset is calculated the same as net profit, but is not the same in an accounting sense.
Constitutive to profit is a return to private stakeholders, holding assets in reserve or re-investing in capital is not the same.
- username332211 3y agoWhat's in a name? That which we call a rose By any other name would smell as sweet
- whimsicalism 3y agoReinvesting in providing further care or lowering costs would smell as sweet as giving it to wealthy individuals? Should get your nose checked, sounds like you have covid or something.