Business Studies, asked by tmanisha4032, 1 year ago

Which is better from profitability perspective - gross profit vs operating profit vs net profit

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Answered by Ankitkumar200314
0

Operating profit is the profitability of the business, before taking into account interest and taxes. To determine operating profit, operating expenses are subtracted from gross profit. Operating profit is a key number for managers to watch as it reflects the revenue and expenses that they can control.

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