Explain Net Profit
Give a brief introduction of the term Net Profit?
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Net Profit or Operating Profit Net profit , as well termed as operating profit is real earnings of the company in a given era of time. It is a measure of the productivity after accounting for all costs. In easy terms, net profit is the money left over subsequent to paying all the expenditures including interest and taxes. It is the computed by subtracting total expenditures from sum total revenues. Net income can be also allocated between shareholders of the company or held through the firm as retained earnings for the prospect purposes. Net Profit = Gross Profit – Total Operating Expenses – Taxes – Interest
Premium on redemption & period of conversion for debentures who decides the amount?
Give brief introduction of Bedaux Point System of premium payment?
Write down the process for charging overheads?
briefly describe why professional accountancy bodies issue code of the ethics of their member
Give a brief introduction of the term Debenture Redemption Reserve (or DRR)?
Rs. Sales 2,40,000 Variable costs 1,44,000 Fixed costs 26,000 Profit before tax 70,000 Rate of tax 40% Firm is proposing to buy the new plant that could generate extra annual profit of Rs. 10,000. The fixed cost of new plant is expected to Rs. 4000. New plant would increase sales volume by Rs. 40,00
Give a small introduction of the term ‘Hasley Premium Method’?
Give a brief introduction of the term ‘Overhead cost’? And also write down its various ways to classify it?
i need help to done this homework before sunday ( april 20)
What account is salary outstanding? Is it real, personnel or nominal account
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