answersLogoWhite

0

What else can I help you with?

Continue Learning about Accounting

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.


Why is there a difference between net and gross profit?

Gross profit is the total amount of money that you get. And net profit is the amount left after you subtract your costs. For example, if you sold a toy on Ebay for 100.oo dollars. Your gross profit would be 100. You spent 30 dollars on the items and 6 dollars to list on ebay. subtract your expenses from you gross profit and then that is your NET Profit.

Related Questions

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 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


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.


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


Which one is Profit or loss for the period includes?

Prior period items


Is it illegal to purchase products from a store and sell them for profit from your home?

No, it is not illegal to purchase items and then resale them for a profit. This is how businesses make their money.