How is the following calculated in a Profit and Loss Statement: Gross profit Gross profit
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Question:
How is the following calculated in a Profit and Loss Statement:
· Gross profit
· Gross profit margin
· Operating profit
· Net profit
Write answer in 100-150 words
Related Book For
Financial Accounting an introduction to concepts, methods and uses
ISBN: 978-0324789003
13th Edition
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
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