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FAprofit equation

Mmp-open11y ago
Hallo, Could someone tell me in P = I + D – Ci, P = profit, D - drawings, Ci - capital introduced, but what is "I" ? Thank you!
John MoffatJohn MoffatTutor11y ago#1
Have you really watched the free lecture on this? If you had then you would not need to ask this question. (It is the increase in net assets)
Mmp-open11y ago#2
Yes, I've read them, but a while ago, and forgot some of it, though I know that it is the diff. b/n closing and opening assets, wasn't sure about the letter I, but agree, going to learn it again.
John MoffatJohn MoffatTutor11y ago#3
OK :-)
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