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Net profit = Gross profit - _ ?

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Question added by Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group
Date Posted: 2015/06/02
Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option A is the right answer.

Ahmed Abdi Mahad
by Ahmed Abdi Mahad , Director of Internal Auditing Directorate , Jigjiga University

Choice A, "operating expenses is the right answer.

Thanks

tamer eissa mahmoud
by tamer eissa mahmoud , business and accounting teacher , rajac international schools

Operating expenses as it gives the difference between them

Mumtaz Shahid
by Mumtaz Shahid , Chief Financial Officer , Lahore Carpet Manufacturing Company

Gross Profit-Operating Expenses=Net Profit

Nasser Abdullah Saud Al Shidhani
by Nasser Abdullah Saud Al Shidhani , Payment Processing and Reconciliation Specialist , Muscat Electricity Distribution Co

Net Profit = Sales - direct experience - indirect experience. = Gross profit - operating exp.

Munir Ahmed
by Munir Ahmed , Accountant , B.B.K Foods Hattar

option A is correct mean operating exp

Net Profit is the profit which is ascertained by subtracting all direct and indirect expenses. So Net profit = Gross Profit-Operating Expenses.

MAHMOUD MOHAMED AHMED abdelkader
by MAHMOUD MOHAMED AHMED abdelkader , Accountant Manager , JOYCE TOURS S.A.E Hurghada - Red Sea

OPTION A -Operating Expenses

Saptarsi Neogy
by Saptarsi Neogy , Intern , Mining Spare Products

Net Profit = Gross Profit - Operating expenses- Taxes - Interest. Since other options are not given so the answer will be option " A " i.e operating expenses

P R Vinod Kumar
by P R Vinod Kumar , GENERAL MANAGER , BAGSVIG HI-TECH LTD.

Answer - A (Operating expenses)

 

Vinod Kumar
by Vinod Kumar , Operations Manager , Shalina Healthcare Ltd.

Operating expenses is right answer because after deducting all expenses are sale returns we get net profit.

 

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