Quote:
Originally Posted by kainatsaba
net profit is equal to ?
1. all receipts-all payments
2. capital expediture-capital expenses
3. revenu receipt-revenue expenditure
plz tell
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It was Profit is equal to, Not Net Profit
Answer was Revenue Receipt - Revenue Expenditure
It becomes Net Profit when you less all other expenses which includes Other Expense, Tax and Interest Expenses and etc from Revenue.