Don't understand Net Profit?

Follow

 

Net Profit is your revenue after subtracting all operating, interest, and tax expenses, in addition to deducting your cost of goods sold (COGS)

 

An example of Net Profit

Revenue $150,000
Cost of Goods -$50,000
   
Gross Profit $100,000
Rent -$5,000
Utilities -$5,000
Tax -$5,000
Salaries -$50,000
   
Net Profit $35,000
0 out of 0 found this helpful

Comments

0 comments

Please sign in to leave a comment.