Interested to Buy Any Domain ? << Click Here >> for more details...
4. What is the difference between gross profit and net
profit?
- 17 Answers
- 51017 Views
- BSNL, Elgi Equipments, Genpact, IIPM, KIIT, Reliance, I also Faced
- E-Mail Answers
Answer Posted / vinotha.v
1. GROSS PROFIT = [OPENING STOCK + PURCHASE ( PURCHAS -
PURCHASE RETURN) + DIRCET EXPENSES] - [SALES ( SALES -
SALES RETURN)+ CLOSING STOCK].
NET PROFIT = [GROSS PROFIT + INCOMES] - [EXPENDITURE]
2. GROSS PROFIT INCLUDED THE DIRECT EXPENSES.
NET PROFIT INCLUDED ONLY INDIRECT EXPENSES.
CALCULATION :
1. NET PROFIT = GROSS PROFIT + ALL INCOMES - ALL
EXPENDITURE.
2. GROSS PROFIT = NET PROFIT + ALL EXPENDITURE - ALL INCOMES
| Is This Answer Correct ? | 87 Yes | 27 No |
Post New Answer View All Answers
Expand-------URM
Hello Everbody....this saturday i attended the interview of times job fair...were capgemini has called me for technical round ..I am bcom graduate with tally an SAP FICO....Can any body help me ... I wan to know what is this technical round...An what they may ask me ......if any body have question an answer kindly send to my id ..that is damudi123@yahoo.com....or contact me to my number ..+919900410314.Or any body have friends working in capgemini bangalore?Please i need urgent help...thnak you with regards adnan hasan
what is mean by traditional accounting ?
Short answer on _______Amendment
what is cost accountinp
How are fund-raising and publicity and management and administration costs apportioned over funds?
We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?
How do you handle lack of direction or working in chaos
For how long should prepayments be carried in the books as fictitious asset and when is it ideal for a new coy to pay tax
What is the meaning of Receipt & Payment, Income & Expenditure, Profit & Loss A/c? Under What cercumstances these are prepared?
ER-1, ER-2,ER-3,ER-4,ER-5,ER-6,ER-7 plz tell me use of these excise form
I have a existing Oracle applicttions and need to bring one of the new business on it. The new business will use GL, AP and FA. We will use existing COA. This business will have 3 sets of books (1- tax book, from April to March; 2- Primary book, from July to June; 3- Reporting book, from July to June); All books will have same currency; HOW DO I TRANSFER DATA FROM PRIMARY BOOK INTO TAX AND REPORTING BOOKS EVERY MONTH OR ON WEEKLY? IS THERE ANY STANDARD ORACLE PROCESS WHICH CAN BE SCHEDULED? THE REPORTING BOOK WILL HAVE DIFFERENT DEPRECIATION METHOD SO HOW DO I NOT TRANSFER DEPRECIATION FROM PRIMARY TO REPORTING BOOK AND DO SEPERATE DEPRECIATION IN REPORTING BOOK FOR THE SAME ASSET THAT IS ALSO IN PRIMARY AND TAX BOOK?. HOW DO I APPROACH ON SETTING THESE NEW SETS OF BOOKS? Thanks, KK
where we use the convetion of conservatisam in real life??
what is mba tell me the more benefits in mba
what is the difference between Tally ERP and SAP FI ECC?
