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Operating profit

This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.

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September 8, 2018 at 2:55 pm #472336
6shahir
Member
- Topics: 198
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Hiya, have a doubt regarding on how to calculate operating profit.
As per me:
Gross profit+other operating income-admin exp-other expenses
Can we add finance income to the above and calculate operating profit?
September 8, 2018 at 3:52 pm #472355
John Moffat
Keymaster
- Topics: 57
- Replies: 54765
By finance income, you mean interest received. This is added to gross profit (but must be disclosed separately).
This is explained in my free lectures.
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