What is the diff. between gross profit and net profit?
Answer Posted / vasim muglihalkar
Gross Profit = (Sales+Closing Stock+Direct Income)-(Opening
Stock+Purchases+Direct exp)
Net Profit = (Gross Profit+All indirect income)-(All
operating exp)
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Sensitive field have been defined and customized for vendor master data. For which of the following sensitive fields will an update trigger dual control?(any 1 answer) Currency Account group IBAN VENDOR ACCOUNT NUMBER
Entrance Exam question & Answer required
A sample book on interviews is ready for free circulation with 7 chapters i.e Journal entries helpful for various occassions,Terminology,Abbreviations,Test your terminology,Multiple answers, Fill in blanks and Income tax send your requisition for Free Book Immediately to satyaki_raju@yahoo.co.in
What three Specific Job Positions do you target from the Industry
Expand RMP
outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited
How to maintain Purchase Orders ? Please explain by proper format.
What Kind Of Requirements for Vat Refund And Assessment Cases
what is circuit filter?
What is Insider Trading ?
In financial management why we calculate the cost of debt, (cost of capital) while rate of interest is given.
Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry
what is mixed invoice, prepaid invoice,quick invoice,podefault invoice,withholding tax invoice,please explain me in detail?
Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance
What is combination?