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No, Net profit is always from revenues from operating activities while net gain can be from any transaction for example from sale or disposal of old fixed asset etc.

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11y ago

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Related Questions

Is net profit the same as net income?

Net profit is not the same as net income. There are many things that can be deducted on a tax return form from net profit that reduce net profit down to net income.


Is net income the same as net profit?

Yes. Net income is generally calculated the same way on net profit.


Is retained profit the same as net profit?

No, retained profit and net profit are not the same. Net profit is the total revenue earned by a company after deducting all expenses, including taxes, overheads, and costs of goods sold. Retained profit, on the other hand, is a portion of net profit that is kept by the company for reinvestment in the business, rather than being distributed to shareholders as dividends.


Gross profit and net profit?

Gross and Net profit are virtually the same. They both calculate EBT, earnings before taxes - all overhead and salaries.


Which is better gross profit or net profit?

net profit


What is a net margin?

The Net Profit Margin is an Expression of the Net Profit as a percentage of the Revenue, where the Net Profit is the Revenue minus all Expenses. The Net Profit Margin can be calculated in the following ways: Net Profit Margin = Net Profit/Revenue*100 [or] Net Profit Margin = (Revenue - all Expenses)/Revenue*100


Net Profit calculation?

net profit is a profit after tax(PAT)


If net profit after tax is 64000 and sales is 720000 what is the net profit margin?

Net profit margin = 64000 / 720000 * 100 Net profit margin = 8.89%


Formula for net profit ratio?

Net Profit Margin = Net Profit/ Sales Revenue X 100


How is gross profit calculated?

Gross profit is calculated by taking your net sales (sales - sales discounts) and subtracting your cost of goods sold.


I have net profit dollars how do you calculate net profit percntage?

(Net profit/Net Revenue) * 100 = Net Profit Percentage Ex: Net Revenue = 10,000 USD Expenditure = 7500 USD Profit = 2500 USD Profit Percentage = 2500/10000 * 100 = 25%


Net sales minus cost of goods sold?

Net sales - CoGS = Gross Profit Gross Profit - other expenses = Net profit before tax Net profit before tax - tax amount = Net profit after tax