Answer Posted / barodianbuddy(acca)
SIMPLY (ACCORDING TO IAS 1),
GROSS PROFIT= REVENUE - COST OF SALES
NET PROFIT OR PROFIT FOR THE YEAR = GROSS PROFIT + OTHER INCOME - DIST EXPEN - ADMN EXPEN - OTHER EXPEN - FINANCE COST - INCOME TAX EXPENSE.
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HI FRNDS THIS IS NARESH I DONE MBA (FINANCE)IN 2011. AND I DID COMPLETE SAP FICO.I WANT TO DO START CAREER WITH SAP FICO PLZ TELL ME PLZ HAVE ANY INTERVIEW AS FRESHER IN HYD OR PLZ SEND THIS MAIL...NAINALA.NARESH@GMAIL.COM