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What is net profit ?? |
| Answer» Ans.\xa0Net profit, often referred to as net income, is the amount of money a company has left after all expenses, including taxes, have been subtracted from total revenue. Net profit is reported on a company\'s income statement and is one of the key indicators of the success or failure of a company\'s business operation during a given time period.The actual formula for calculating net profit is:Net Profit = Total Revenue - Total Expenses | |