What is Normal Profit?

8. What is Normal Profit?

  1. The excess of estimated future profit than the normal profit
  2. The amount of consolidated net income of the Company for such Financial Year
  3. A profit metric that takes into consideration both explicit and implicit costs
  4. Normal business costs that appear in the general ledger

Answer: C) A profit metric that takes into consideration both explicit and implicit costs

Explanation:

The normal benefit is regularly seen related to financial benefit. Typical benefit and monetary benefit are financial contemplations while bookkeeping benefit alludes to the benefit an organization writes about its fiscal summaries every period. Ordinary benefit and financial benefit can be measurements an element might decide to consider when it faces significant certain expenses.

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