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?what is difference between maximization wealth and maximization profit

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Question added by MOHAMED KHALIL IBRAHIM KHALIL , Chief Accountant , Abdullah A.ALBarrak and Sons Co.
Date Posted: 2013/06/06
Hamza Mostafa
by Hamza Mostafa , Financial Analyst , Gullivers Travel Associate

Profit Maximization is about the current year and about gaining the best possible profit.

Wealth Maximization is about this year, next year and going on and it is about increasing the amount of money owned.