Net profit (1 Viewer)

[1harkina]

I have a revenue statement that looks like this

revenue from sales of goods 54,217,000
cost of sales (22,525,000)

Gross Profit 31,692,000

Is the net profit just the revenue from sales of goods??????

Please reply

Anna

 

[skillz]

net profit is Gross Profit less other expenses.

 

[SouthernOwen]

Gross Profit(Sales-COGS)+other incomes-other expenses =Net Profit