Ajax on 09 February 2014
DerNebel said:
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Here is how you reach net profit on a P&L (Profit & Loss) account:
- Sales Revenue = Price (of product) X Quantity Sold
- Gross profit = sales revenue minus cost of sales and other direct costs
- Operating profit = Gross profit minus overheads and other indirect costs
- EBIT (earnings before interest and taxes) = operating profit + non-operating income
- Pretax Profit (EBT, earnings before taxes) = operating profit minus one off items and redundancy payments, staff restructuring minus interest payable
- Net profit = Pre-tax profit minus tax
- Retained earnings = Profit after tax minus Dividend
I would be surprised if Sony doesnt have to pay taxes.
''Hadouken!''








