Diff between Net profit & Gross profit?

Answer Posted / sachin pote

gross profit=sales-opening stock-purchases-manufactuing exp
net profit=gross profit+opeating incomes-opertaing exp.

operating exp is indirect exp,office exp.

Is This Answer Correct ?    12 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Assume that the real risk-free rate is 3% and that inflation is expected to be 8% on year 1,5% in year 2,and 4% thereafter.Assume also that all Treasury bonds are highly liquid and free of default risk. If 2-year and 5-year Treasury bonds both yield 10%,calculate the difference in the maturity risk premium on the two bonds.

1719


In accounting, vat abbreviates what?

722


while raising credit note for price difference,is it mandatory to charge excise duty 12.36% and vat 14.5% on local supplies

2007


informance about performance is disclosed by

1802


What information is included in a bill for services?

601






What does the abbreviation m mean in accounting?

658


The main financial accounting statements?

648


under which head should be the p & l appropriation a/c should be opened in tally 9? and how to preapare and display it?

1574


what is service tax & excise? How will it be charged?

609


what is lease accounting?? please explain me....

1820


HOW CAN I OPEN A CC A/C ? WHAT ARE THE MINIMUM REQUERMENT TO OPEN A CC A/C ? WHAT ARE THE FACILITY OF A CC A/C IN THE BUSINESS FIELD ? WHAT ARE THE BANK CHARGES AND INTEREST IN CC A/C ?

2266


how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry

3687


What is meant by calendar maintenance?

696


Tell me where do generally accruals appear on the balance sheet?

512


Are there any questions you would like to ask?

612