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What is NP?
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Answer / guest
It is Net Profit.From Gross Profit deduction are to be made
for indirect expenses. than we can derive the np
| Is This Answer Correct ? | 13 Yes | 0 No |
Answer / priya
NP i.e. Net profit is calculated by subtracting a company's
total expenses from total revenue, thus showing what the
company has earned (or lost) in a given period of time
(usually one year). also called net income or net earnings.
In simplistic terms, net profit is the money left over
after paying all the expenses of an endeavor.
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / suman
np means net proft
total assets-total laibilities=net proft
| Is This Answer Correct ? | 6 Yes | 2 No |
After deducting all indirect expenses from all incomes and
gains. Then we find net profit.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / padmaja
Net Profit:After deduction of production expenses and
indirect expenses from Sales.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / m.sevathamarakkayar
NP means Net profit
Sales-Cost of goods sold-Expenses=Net Profit
In other words Net Profit represents the surplus of sales
made over expenditure during the accounting period. If a
deficit is made(i.e if expenditure is greater than sales)
then this results in a net loss and not a net profit.
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / harkesh yadav
we find out net profit from profit and loss a/c .NET PROFIT
=GROSS PROFIT-OPERATING EXP + OPERATING INCOME-NON
OPERATING EXP
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / gayathri
Net Profit:After deduction of Direct expenses and
indirect expenses from Total Revenue.
| Is This Answer Correct ? | 2 Yes | 0 No |
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