Net Profit

Also known as net income  Income, also known as earnings or profits, is money that a person or a business receives in return for working, providing a product or... or net margin, the net profit is the net income on an income statement  One of the major financial statements focused on a business’s revenues and expenses in a particular period. It is also known as the profit.... It is the revenue minus the cost of goods sold  Also known as Cost of Sales, Cost of Goods Sold includes the direct costs associated with generating revenue. Depending on the business, it can..., expenses, interest  A payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum, at..., and taxes.

Net Profit = Revenue – Cost of Goods Sold – Expenses – Interest – Taxes