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what is net profit?
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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 |
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DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in Haryana. The company’s sales in the year ending on 31st March 2007 were Rs.1000 million (Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of return of the company is 14 percent. The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30million per annum. The plant can be sold for Rs.55 million at the end of its economic life. The company would need to raise debt to the extent of Rs.200 million. The company has the following options of borrowing Rs.200 million: a. The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annual installment of interest and repayment of principal. b. A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: 1. Should the company expand its capacity? Show the computation of NPV 2. What is the annual installment of bank loan? 3. Calculate the quarterly installments of the Financial Institution loan 4. Should the company borrow from the bank or from the financial institution?
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