What is operating profit ? how is it different from Gross
profit ?
- 7 Answers
- 14482 Views
- I also Faced
- E-Mail Answers
Answer Posted / md.rasheed
Gross profit= Sales-Cost of goods sold
Cost of goods sold is nothing but
(Opening stock+Purchases+all direct expenses-closing stock)
Operating profit=Gross profit-Operating Expenses
it is also called Net Profit.
Operating expenses are nothing but all Indirect Expenses
like Salaries, Telephone, Stationary and so on.
| Is This Answer Correct ? | 21 Yes | 3 No |
Post New Answer View All Answers
Fiscal year variant F1 has 6 posting periods and fiscal year variant F2 has 4 posting periods. The posting have different start and ending dates.assign posting period variant F1 is assigned to leading ledger (0L) and F2 is assigned to the non-leading ledger(N1). You get an error message when making a posting in the non-leading ledger.?( any 1 answer) • The posting period variant of the non-leading ledger and the leading are different • The fiscal year variant of the non-leading ledger and the leading ledger are different • The posting is being made in a special period, but both variants are examples of a shortened fiscal year • The posting period for the non leading ledger group”N1” is closed
Short Answer on _____________Intangible Assets
How can i get GR form (GR No.) for Exports ? please give me a link of website with steps ?
1. The controlling department wants to see depreciation amount on internal orders. Which customizing setting do you need to make in asset accounting?(any 3 answer) Make the internal order in active assignment object. Make the internal order an account assignment object for the depreciation run. Set the field internal order to required or optional in the screen layout. Enhance relevant transfer variant by adding the field internal order. Assign the field internal order to account determination.
If DEBT/EQUITY ratio 2:1, is to good or bad for a company? how...??? can u explain it...???
where does the closing stock appears in the trial balance?
what do u mean by arrear basic or arrear hra?
How Can Pass Credit Limit Entry If We Take Limit Of BANK I Maintain Of Account In Tally.ERP9 Than We Create Bank Ledger of Which Under
what is Rectification of Errors ?
what is organic profit? and how it is calculated?
is there any chance for confilcts between an accountant and a sales executive ? If yes how do you resolve the same as an accountant ?
what is the scenario of multi-org setup?
Expand---------OTMD
What is inter-corporate deposits? and where it is shown in balance sheet?
What do you define in customizing for the payment program? FBZP (Any 2 Answer) • Bank subaccount ( BANK DETRMINATION SCREEN. ACCOUNTS) • Forms of the payment media ( PAYING COMPANY CODE) • Available amount (BANK DETERMINATION, AMOUNTS) • Assignments for the profit center • Prerequisites for the debit balance check
