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In Reference to Finance, How Is Wealth Different from Profits

Question 16

Multiple Choice

In reference to finance, how is wealth different from profits?


A) Wealth is a personal issue, while profits are related to a business.
B) Profits include a deduction for expenses, and expenses are not relevant for wealth calculations.
C) Wealth reflects the value of all profits, both short- and long-term, while profits refer to economic profits only.
D) all of the above

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