Net profit: Difference between revisions
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imported>Doug Williamson m (Spacing 21/8/13) |
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1. ''Tax and accounting.'' | 1. | ||
''Tax and accounting.'' | |||
Profit after tax, also known as Earnings. | Profit after tax, also known as Earnings. | ||
2. More generally, profit calculated after taking account of related expenses. | |||
2. | |||
More generally, profit calculated after taking account of related expenses. | |||
Sometimes referred to informally as ''the bottom line'' because of its position at (or near) the bottom line of an Income statement. | Sometimes referred to informally as ''the bottom line'' because of its position at (or near) the bottom line of an Income statement. | ||
The alternative term ''net income'' may refer to either of the definitions of Net profit in 1. and 2. above. | The alternative term ''net income'' may refer to either of the definitions of Net profit in 1. and 2. above. | ||
== See also == | == See also == | ||
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* [[Gross profit]] | * [[Gross profit]] | ||
* [[Income statement]] | * [[Income statement]] | ||
Revision as of 15:39, 21 August 2013
1.
Tax and accounting.
Profit after tax, also known as Earnings.
2.
More generally, profit calculated after taking account of related expenses.
Sometimes referred to informally as the bottom line because of its position at (or near) the bottom line of an Income statement.
The alternative term net income may refer to either of the definitions of Net profit in 1. and 2. above.
