what is net profit?
Answers were Sorted based on User's Feedback
Answer / abdul bari
Net Profit = Gross profit + Indirect income -Indirect
expenses
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / ranjith
ASSETS-LIABILITIES=0
NET PROFIT WILL BE CALCULATED AS FOLLOW:
GROSS PROFIT-(SELLING EXPENSES+ADMINISTRATIVE OVERHEADS)=NET
PROFIT
Is This Answer Correct ? | 6 Yes | 3 No |
Answer / praveen kumar
net profit will be calculate as follows;
netprofit=gross profit-(administrative ,selling
&distrabuted expenses+other expenses)
Is This Answer Correct ? | 3 Yes | 1 No |
Answer / chari
Net Profit = Gross Profit+Indirect incomes-All indirect
expenses.
Net Profit = All Indirect incomes- All indirect expenses+
Gross Profit.
Is This Answer Correct ? | 3 Yes | 1 No |
Answer / sailaja kondepudi
Net profit means the profit after deducting the Direct
Expenses + Indirect Expenses from the Gross Income
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / rajesh
Net profit means excess of revenue over expenditure is
called net profit
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / ravi
assets- liabulites (is one other meaning privious
calicated by net profit
Is This Answer Correct ? | 3 Yes | 3 No |
Answer / heena
net profit is simply when expenses are less than income.
Is This Answer Correct ? | 1 Yes | 1 No |
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