Much appreciated for the answner, what about the figure used on: NP%: 7.5% = (4,000 – 2,500)/20,000 = 7.5% Why is net profit 4,000-2,500 rather than the bottom line 1,150
Or is it the 300 finance cost is actually interest but just didn’t label it interest , then how would we know when is it interest cost and when is it not though
Hello,may I ask why is it 1500( is it PBIT + the 300 finance cost? If so why is finance cost included in the operation profit), also I don’t really understand why is net profit not the profit for the year figure .