what profit does a business get by accounting
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Accounting profit shows the amount of money left over after deducting the explicit costs of running the business. Explicit costs include labor, inventory needed for production, and raw materials, together with transportation, production, and sales and marketing costs.
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Accounting profit shows the amount of money left over after deducting the explicit costs of running the business. Explicit costs include labor, inventory needed for production, and raw materials, together with transportation, production, and sales and marketing costs.
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