Business Studies, asked by shivakumaryadav7499, 1 year ago

Difference between divisible n non divisible profit

Answers

Answered by aashi8296
0

⭕The portion of profit, which can legally be distributed to the shareholders of the company by way of dividend, is called the 'divisible profit'.

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⭕ The term 'divisible profit' is not defined in the Companies Act and the Act does not specify what is meant by 'profit'.

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