Explain Net Profit
Give a brief introduction of the term Net Profit?
Expert
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
On December 31, 20x1, the Juniper Company purchase a group of four assets for a total cost of $850,000. An independent appraiser assesses the fair value of each asset as follows: Asset Fair Value Land $100,000 Building 600,000 Equipment 250,000 Fixtures 150,000 Prepare the jour
Give a brief introduction of the term Equity Warrants?
What are the points while choosing your university?
Write down the main Current Assets?
Why it is significant for managers to have cost information.
Briefly describe the term Net Profit?
Give a brief introduction of the term Maximum level of inventory levels?
Give a brief introduction of the term ‘Overhead cost’? And also write down its various ways to classify it?
Why is Bank Reconciliation Statement made?
Describe briefly the term ‘time rate system of remuneration’?
18,76,764
1947750 Asked
3,689
Active Tutors
1438739
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!