Q. Internal profit

A
Happens when an internal trade happens
B
Happens when a business expands
C
Happens in an economy when they increase
D
Happens in firms when they expand their product
Solution:
  • An internal income statement is a financial document used to gauge a company’s ability to generate revenue and profit.
  • An internal income statement remains within the given business and is not public knowledge. Internal profit happens when they expand their product.
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