Are they both the same thing?
Ask the Tutor ACCA FM
Net profit and operating profit.
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!
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.
Thank you :)
You are welcome :-)
This topic is locked — no new replies.
