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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Dividing up Company Profits

Dividing up Company Profits

Q Address the topic of profits and reflect on your understanding.

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In this discussion we will be addressing the topic of profits. In chapter 1 we learned that profits were the driving force in most businesses. During the semester we have looked at the ways companies address doing business in ways to ensure a maximization of profit. We have also learned in accounting how profits are displayed and reported on the financial statements. For this discussion we will assume that you are the Chief Executive Officer (CEO) of a large publicly held corporation that has had a great year with a large profit.