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DerNebel said:
Ajax said:
DamnTastic said:



Operating Income is not profit.

http://www.investopedia.com/terms/o/operatingincome.asp


Here is how you reach net profit on a P&L (Profit & Loss) account:

  1. Sales Revenue = Price (of product) X Quantity Sold
  2. Gross profit = sales revenue minus cost of sales and other direct costs
  3. Operating profit = Gross profit minus overheads and other indirect costs
  4. EBIT (earnings before interest and taxes) = operating profit + non-operating income
  5. Pretax Profit (EBT, earnings before taxes) = operating profit minus one off items and redundancy payments, staff restructuring minus interest payable
  6. Net profit = Pre-tax profit minus tax
  7. Retained earnings = Profit after tax minus Dividend
I would be surprised if Sony doesnt have to pay taxes.


''Hadouken!''