what is net profit?
Answers were Sorted based on User's Feedback
Answer / chandu
simply Net Profit = Gross Profit+Indirect Incomes -
Indirect Expenses
| Is This Answer Correct ? | 11 Yes | 1 No |
net profit means:
(gross profit- expenses and depreciation of fixed
assets)=net profit. for example
particulars amount particulars amount
_____________________________________________________________
gross loss xxxx gross profit xxxx
salaries xxxx
rent xxxx
telephone charges xxxx
net profit xxxx
____ _____
xxxx xxxx
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / sreenatha
Net profit means all the expenses deducetd from available
profit is called net profit.
EBDIT:Earning before dep intrest and tax
Net profit= net profit - Dep-intrest - Tax
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / rajesh
net profit means excess of revenues over expenditure is
called net profit.
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / vineet sharma
Net profit mean
Gross profit+ Indirect Income - Indirect Exp.= Net profit
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / prasanta
Net profit means operating profit plus indirect income
minus indirect expenses.
Operating profit=Gross profit-operating expenses.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / sandeep
Less indirect expense from gross profit is called net profit
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / saurabh seth
Total revenue in an accounting period less all expenses
during the same period. If income taxes are not deducted,
it is called operating profit (or Loss, as the case may
be). Also called earnings, net earnings, or net profit.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ashish
net profit = Gross Profit+Indirect Incomes -
Indirect Expenses.
| Is This Answer Correct ? | 0 Yes | 1 No |
Each transaction has two aspects which is called as -------- ----concept
how MIS statements used in accounts receivables n payables? n what is the advantage of this reports?
What is Accrual?
EXPAND___________LAN
Are you sure MBA Finance Demand in market if yes why and if you study a distance couse so my question is destance education is a valed for big company and small company
What is a bad credit score?
What do you mean by Amortization?
Raj & Raj Ltd purchased a machinery on 01.01.1996 for Rs.88,000.The life of the machine estimated to be 5 Yrs.It was calculated that the old machinery would fetch Rs.8000 at the end of its useful life.it was decided to replace the machinery at the end of the 5th year by setting up depreciation fund and invest the annual depreciation (along with interest earned each year) in gilt edged securities carrying interest at 5% p.a. At the end of the 5th Year the securities were sold for Rs.9000.As per the sinking fund table Rs.14,478 is to be invested every year.A new machine was purchased on 01.01.2001 for Rs.1,00,000.pass the journal entries and show the ledger accounts
Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
Ratio Analyis, What is PE ratio, how do you calculate it, EPS, Bills recievable and other ratios
what is repo rate?
147 Answers Accenture, Alstom, Birla Sun Life, Capital IQ, Corporation Bank, Dena Bank, Ernst Young, ICICI, Ing Vysya Bank, MBA, Morgan Stanley, Nabard, RBI, Sanat, Siemens, State Bank Of India SBI, TATA, UPSC,
what is finance what is bpo why do u want join a BPO types of process in BPO Company's