net profit task 84 bpp kit

This topic has 1 reply, 2 voices, and was last updated 11 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
October 26, 2014 at 5:40 pm #206113
josy87
Member
- Topics: 172
- Replies: 215
Sir
from the book, the question is to find the net profit marginal, but the answer is with the profit before interest and tax. Sir I don’t understand since when net profit is equal of profit before interest or am I missing something.
October 27, 2014 at 5:24 pm #206253
John Moffat
Keymaster
- Topics: 57
- Replies: 54856
In financial accounting, net profit does mean the very final profit (after interest and after tax).

However, in F5 (just as in F2) we are not doing financial accounts, and we mean the net operating profit which is the profit before interest and tax.
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.