Ronnica

Nonfinancial Asset.

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A nonfinancial asset is an asset that does not have a primary purpose of providing a financial return. Nonfinancial assets include things like land, buildings, and natural resources. They also can include intangible assets such as patents and copyrights. Nonfinancial assets can provide a company with long-term benefits, but they are not typically used to … Read more

Capitalization Of Profits.

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Capitalization of profits refers to the reinvestment of profits back into the business in order to finance growth or expansion. This can be done through the issuance of new shares, the purchase of new assets, or the repayment of debt. Capitalization of profits can be a risky strategy as it can lead to over-leveraging and … Read more