Profit earned after acquisition of shares is treated as
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pre-acquisition. is the answer of this question
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Profit earned after acquisition of shares is treated as Revenue profit.
Explanation:
- The net income generated by an entity's business operations is referred to as revenue profit.
- Earnings from the sale of goods and/or services, net income received from leasing out activities, commission business, and so on are all examples of revenue profits.
- The profit generated by all of the business's day-to-day operations is classified as revenue profits.
- Regular commercial transactions generate revenue profits, making them highly frequent and recurring in nature.
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