What is operating profit ? how is it different from Gross
profit ?

Answer Posted / shilpalatha

Sales -Cost of goods sold =Grossprofit,
Grossprofit-operating expenses =operating proft
Operating expenses such as ( salary ,rent , depreciation)

Is This Answer Correct ?    23 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Two months rent of Rs 25000/- was adjusted in Rental advance account at the time vacating office

1503


Why we reconcile our debtors? what steps we taken during reconciliation.

1626


let me know the meaning and Nature of cash

1524


What are the types of journal categories available in the Oracle AP?

1671


I want to become CFA so kindly provide me all information regarding this like fees structure,colleges in mumbai,duration etc.

1311






WHAT IS PROSPECTUS?

1698


Why in partnership fundamental question will add Partnership salary for the year and per month salry add in the cr. Side of the p/l app a/c

1398


an amount deducted from the catalog price for an item of merchandise is called?

14326


Plz Give the Inventry Accounting Procedure 1.Domestic Purchases ( VAT,CST,& Excise) 2.Import Purchases ( Direct Expences & Excise ) 3.When Will the Price Diffrence Entry Happen? 4.Cash Discount & Trade Discount On Purchases? 5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise ) 7.Cash Discount & Trade Discount On Sales?

2853


what is dieerence between capital cpapital structure

1878


What is specific reserve

2035


For the production of 10,000 units the following are the budgeting expenses: Per Unit Rs. Direct materials 60 Direct labour 30 Variable overhead 25 Fixed overhead (Rs.1,50,000) 15 Selling expenses (10% fixed) 15 Variable expenses (direct) 5 Administrative expenses (Rs.50,000 fixed) 5 Distribution expenses (20% fixed) 5 Total cost of sales per unit 160 Prepare the flexible budget for the production of 6,000 , 7,000 ,and 8,000 units of production

2332


we want all sbi previous questions papers in our e.mail krishna2043 on yahoo

1652


How and by whom the Percentage of Depreciation is fixing?

1973


how will you create the posting periods 3 and 5 or 5and 7?

1650