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Ask the Tutor ACCA FM

Net profit and operating profit.

IIlham5y ago
Are they both the same thing?
JJohn5y ago#1
Net Profit is the profit after interest & tax However, Operating profit is after deducting all the expenses from Gross Profit So they are not the same!
John MoffatJohn MoffatTutor5y ago#2
John1998m: Please do not answer in this forum. It is the Ask the Tutor Forum and you are not the tutor :-) (But please do help people in the other Paper FM forum) ilham9089: John1998m is correct. The operating profit is the profit before interest and tax.
IIlham5y ago#3
Thank you :)
John MoffatJohn MoffatTutor5y ago#4
You are welcome :-)
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