Economic profit contrasts from net income by subtracting both usual costs and missed alternative profits. Short-term economic losses may lead to long-term gains if underlying business strategies ...

Accounting profit and economic profit are two different measurables that gauge the performance of a company's financial assets. Accounting profit and economic profit yield differing but important ...

Businesses earn revenue through running their operations but must spend on expenses in order to start up those operations and keep them running. The word "income" has a special meaning in business, ...