RE: What is Net profit ?

What is Net profit ?

Nielgrey Trainee Asked on October 31, 2014 in Accounting.
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2 Answers

Net profit represents the number of sales dollars remaining after all operating expenses, interest, taxes and preferred stock dividends have been deducted from a company’s total revenue. It is referred to as the bottom line, net income or net earnings is a measure of the profitability of a venture after accounting for all costs.

pooja Trainee Answered on November 1, 2014.
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