Answer to Question #28003 in Action Script | Flash | Flex | ColdFusion for heela

Question

What is accumulated profit?

Answer 1

Accumulatedprofit is the sum of net income for the entire existence of the company, excluding losses, dividend payments and profit. Accumulated profit is that part of the capital that has been accumulated since the inception of the company, butnot for the last year of its operation.It is not equalto the sum of available to thecompany money, money is means(as well as otherproperty), and profit is part of thecompany's capital. Profit is the sourceof payment of dividends to the owners of companies.