What is net profit ?

Question

what mean net profit

Answer 1

net profit is money earned after expenses

gross profit is the turnover of the company all monies

Answer 2

basically your profit that you have after all the expenses have been taken off.

Answer 3

Whats left after tax

Answer 4

In really simple accounting terms,

Revenue

- Cost to sell, eg. cost of materials

=Gross profit

Gross profit

- other expenses, eg admin and distribution expenses

= net profit.

hope this answers!  

Answer 5

Net Profit is what you take home at the end of the day after all your expenses have been taken off your gross income :)

Answer 6

Gross Revenue minus expenses.  It's often further distinguished as to pre or post tax.

In general, for a number to be net, it means that its the amount available after the expenses associated with doing business have been dealt with.

Answer 7

Net profit means the profit made after EVERYTHING else has been taken out!

It's what you are left with!