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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Statement of profit and loss
Statement of profit or loss for the year ended 31 December 20XX
Revenue
Cost of sales
Gross profit
Distribution costs
Administrative expenses
Operating profit
Investment income
Finance costs
Profit before tax
Tax expense
Net profit for the period
My question is to find PBIT will we add investment income in operating profit?
It is added to the operating profit.
