4. What is the difference between gross profit and net
profit?
Answer Posted / baddam.venugopalreddy
gross profit means the remaining amount after deducting it's
all direct expanses, but where as net profit is the
remaining amount deducting all indirect expenses and losses...
| Is This Answer Correct ? | 14 Yes | 12 No |
Post New Answer View All Answers
respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...
What do u mean by pass through expenses? give examples, how it will be accounted & billed?
what are the financial ratios that a manager see in accounting?
what is the step in preparing the schedule of audit? can someone explain for me?
what did you mean by cash credit limit account ?
Difference between nonoperating expentiture and non cash expenditure
What is limit of turnover for registering under CST & limit of Form 'C '
Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times
what is ment by master in tally?
what is the meaning of call in arear
Enter the following in the petty cash book, using appropriate expenditure column headings. the book is kept in the the amount of imprest system. the amount of imprest is #40,000
Expand---------BPCD
fiscal year variant Vs posting period variant
The cost equation y= $0 + $1.60x represents which type of cost? Variable, Fixed, or Mixed
please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam