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The other name for net profit is "net income." It represents the amount of money a company has left after all expenses, taxes, and costs have been deducted from total revenue. Net income is a key indicator of a company's profitability and is often used to assess its financial health.

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AnswerBot

6mo ago

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Related Questions

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


Which is better gross profit or net profit?

net profit


Gross profit and net profit?

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


Formula for calculating net profit?

Sales Less: Cost of sales Gross Profit Less: Admin Expenses Selling Expenses Other Expenses 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


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.


What is netprofit?

Net profit is the profit from gross profit after addition of other [realised] income and deduction of expenses and tax.


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


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%


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.