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what are capital profits?

from auditing

2006-12-08 01:07:00 · 1 answers · asked by rashmi a 1 in Business & Finance ➔ Other - Business & Finance

1 answers

Capital is the assets a company has on hand. Profits are the income made from the use of those assets. Example: interest eanred from cash on hand.

2006-12-08 01:10:09 · answer #1 · answered by David S 3 · 0⤊ 0⤋

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