Question

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what is surplus profits?????​

Answer 1

$\huge{\mathfrak\red{Surplus \: Profits}}$

What is surplus profits?

"The terms 'net profits' or 'surplus profits' have been. defined as what remains after deduction from the present value of. all the assets of a corporation the amount of all the liabilities, include.

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Answer 2

Explanation:

A surplus describes the amount of an asset or resource that exceeds the portion that's actively utilized. A surplus can refer to a host of different items, including income, profits, capital, and goods. ... In budgetary contexts, a surplus occurs when income earned exceeds expenses paid