How does economic profit differ from net income?

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Introduction to Management Accounting

ISBN: 978-0133058789

16th edition

Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta

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Question Posted: Nov 19, 2014 06:24 AM

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How does economic profit differ from net income?

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The major difference is that economic profit includes a capital charge that is a cost ...View the full answer

Introduction to Management Accounting

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