Question

Notional profit is = ________.

Answer 1

Answer:

The National Income is the total amount of income accruing to a country from economic activities in a years time. It includes payments made to all resources either in the form of wages, interest, rent, and profits.

Answer 2

Notional profit is an estimate of earningsprimarily used in the building and construction industry. It isused to smooth out fluctuations in reported revenue due tocontracts that take a long time to complete.