Shane: > The measure of (in Marxian terms) "profit" comprises, on an after-tax > basis: net rental income, net interest income, total executive salaries, > total dividend income, and (net of properly computed capital consumption) > corporate retained earnings.
For us mathematicians such words as "properly computed" are vague. What does "properly computed" mean? I am sure lawyers and regulators can find an answer. If you don't believe me, just read Basel I, II and III or GAAP (Generally Accepted Accounting Principles). Best, Sabri _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
