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What is operating profit ? how is it different from Gross
profit ?
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Answer Posted / shilpalatha
Sales -Cost of goods sold =Grossprofit,
Grossprofit-operating expenses =operating proft
Operating expenses such as ( salary ,rent , depreciation)
| Is This Answer Correct ? | 23 Yes | 6 No |
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hi to all i have also cleared sbi exam and my interview is on 26th may 2009.can any one help to prepare for interview
AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??
im preparing for the sbi clerical post please send me the solved questions.
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