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Net profit before tax and extraordinary items is calculated by taking the total revenue and subtracting the total operating expenses, including cost of goods sold (COGS), selling, general, and administrative expenses. Additionally, any non-operating income and expenses should be excluded, along with extraordinary items like gains or losses from unusual events. The formula can be summarized as: Net Profit Before Tax and Extraordinary Items = Total Revenue - Total Operating Expenses. This figure provides a clearer view of the company's operational performance before the impact of taxes and one-time events.

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1mo ago

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What is a base profit?

Base profit refers to the fundamental level of profit a business expects to earn from its core operations, excluding any extraordinary items, one-time gains, or losses. It typically serves as a benchmark for evaluating a company's financial performance and operational efficiency over time. By focusing on base profit, businesses can better assess their sustainability and make informed strategic decisions.


How do you calculate the profit of loss on a stock that you have bought and sold?

You can calculate the profit loss on a stock that uou have bought and sold by looking at the price that you have bought it for and divide that buy how many there are and you will see how many of the items that it was if you have been riped or you got it cheap. You can also sell it for a higher price to other distributors for them to sell. I hope that this information is useful to you. You can calculate the profit loss on a stock that you have bought and sold by looking at the price that you have bought it for and divide that by how many items there are and you will see how many of those items that you bought have been riped or you got it cheap. You can also sell it for a higher price to other distributors for them to sell, or sell them yourself! I hope that this information is useful to you.


What is the difference between operating profit and net profit?

Operating Profit is earnings BEFORE interest and taxes are deducted but AFTER overheads and other indirect costs are deducted from your Gross Profit. Once you have this Pretax Profit you deduct from your Operating profit any one off items and interest payable to arrive at Net Profit. It is then at this stage that tax is calculated and deducted from the Net Profit to arrive at Retained Earnings procedure - dividends So; Sales/Turnover - COGS/COS = GP - Expenses (but not 1 off/interest payments) = OP - 1 off items and interest = NP


Extraordinary items on the balance sheet?

yes, right above or below discontinued operations


Is taxable profit the same as net profit?

Business net profit is adjusted for things like tax depreciation as well as some items which are not allowed by tax department as expense or income or deduction to arrive at taxable profit.

Related Questions

What is a base profit?

Base profit refers to the fundamental level of profit a business expects to earn from its core operations, excluding any extraordinary items, one-time gains, or losses. It typically serves as a benchmark for evaluating a company's financial performance and operational efficiency over time. By focusing on base profit, businesses can better assess their sustainability and make informed strategic decisions.


How do you calculate the profit of loss on a stock that you have bought and sold?

You can calculate the profit loss on a stock that uou have bought and sold by looking at the price that you have bought it for and divide that buy how many there are and you will see how many of the items that it was if you have been riped or you got it cheap. You can also sell it for a higher price to other distributors for them to sell. I hope that this information is useful to you. You can calculate the profit loss on a stock that you have bought and sold by looking at the price that you have bought it for and divide that by how many items there are and you will see how many of those items that you bought have been riped or you got it cheap. You can also sell it for a higher price to other distributors for them to sell, or sell them yourself! I hope that this information is useful to you.


What is the difference between gop and ebitda?

The GOP (Gross Operating Profit) is the profit left after operational costs have been deducted. EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) is the amount of profit with those items in its acronym added back into it.


What is the difference between operating profit and net profit?

Operating Profit is earnings BEFORE interest and taxes are deducted but AFTER overheads and other indirect costs are deducted from your Gross Profit. Once you have this Pretax Profit you deduct from your Operating profit any one off items and interest payable to arrive at Net Profit. It is then at this stage that tax is calculated and deducted from the Net Profit to arrive at Retained Earnings procedure - dividends So; Sales/Turnover - COGS/COS = GP - Expenses (but not 1 off/interest payments) = OP - 1 off items and interest = NP


Extraordinary items on the balance sheet?

yes, right above or below discontinued operations


What is the principal benefit of separately reporting discontinued operations and extraordinary items?

Predictive ability


How can one calculate operating expenses from a balance sheet?

To calculate operating expenses from a balance sheet, you can subtract the cost of goods sold (COGS) from the total revenue. Operating expenses include items such as salaries, rent, utilities, and marketing costs. Subtracting COGS from revenue gives you the gross profit, and then subtracting operating expenses from the gross profit gives you the operating income.


How do you get rid of your member items on runescape if I'm a non member but still get a profit out of it?

I think you can alch it and get profit.


How you can convert the profit as per profit and loss into cash flow items?

bond merva ja k


Optimal solution for maximum profit minimum weight maximum profit per unit weight?

The optimal solution for maximizing profit while minimizing weight involves selecting items that provide the highest profit-to-weight ratio. This can be achieved through techniques like the fractional knapsack method, where items are prioritized based on their profit per unit weight. By focusing on items with the highest ratios first, you can achieve maximum profit without exceeding weight constraints. Analyzing the constraints and using linear programming may also help in finding the best combination of items.


Is taxable profit the same as net profit?

Business net profit is adjusted for things like tax depreciation as well as some items which are not allowed by tax department as expense or income or deduction to arrive at taxable profit.


Who are people who buy items at low prices that hope the value will rise and they can sell the items for a profit?

Speculators