Total Profit Operating Profit Net Investment Income Subsidy Income Net Non operating Income and Expe

Updated on Financial 2024-03-25
11 answers
  1. Anonymous users2024-02-07

    Yes, the profit is in a broad sense. But in fact, it is broken down into three parts in accounting. First, the main business profit = main business income - main business cost, the second is the net investment income, which is the impairment of investment expenditure and investment income, and the third is the net non-operating income and expenditure on the book, like the difference between insurance income and expenditure.

    Operating profit = operating income Operating costs Business taxes and surcharges Period expenses Asset impairment loss + fair value change gain Fair value change loss + net investment income Non-operating income mainly includes: gains on disposal of non-current assets, gains on the exchange of non-monetary assets, gains on intangible assets, gains on debt restructuring, gains on business combinations, gains on inventory gains, payables that cannot be paid due to creditors' reasons, subsidies, additional refunds of education fees, penalty income, donation gains, etc. Non-operating expenses refer to:

    Expenses incurred by the enterprise that are not directly related to the daily production and operation activities of the enterprise. Including losses on disposal of non-current assets, losses on the exchange of non-monetary assets, losses on debt restructuring, public welfare donation expenditures, extraordinary losses, inventory losses, etc. Net investment income = investment income - investment loss.

    Extended Materials. The total profit is the symmetry of the "total loss". The final financial results achieved by an enterprise through production and business activities within a certain period of time.

    One of the components of the net income of the enterprise. The total profit of an industrial enterprise is mainly composed of two parts: sales profit and non-operating net income and expenditure (non-operating expenses offset profits). For enterprises that pay resource tax according to regulations, the resource tax payable is also one of the components of the total profit (offset profit).

    The total amount of profits shall be distributed between the State and the enterprise in accordance with the regulations. Most of them are handed over to the state in the form of income tax, adjustment tax or profits, and a small part is retained by enterprises to form a variety of special uses. The total profit of an industrial enterprise is accounted for through the "Profit" account.

    Sales profits and non-operating income are credited to the account, and resource tax payable and non-operating expenses are debited to the account. The difference between the credit amount and the debit amount of the Profit account is the total profit. The secondary accounts of the "Profit" account can be set up by "Product Sales Profit", "Other Sales Profit", "Non-Operating Income", "Non-Operating Expenses", "Resource Tax", and so on.

  2. Anonymous users2024-02-06

    Answer] Answer Analysis] Profit includes operating profit, total profit, and net profit. Operating profit = operating income + investment income - operating costs - business taxes and surcharges - sales expenses - management expenses - financial expenses - asset impairment losses. Total profit = operating profit + non-operating income - non-operating expenses.

    Net profit = total profit - income tax expense. According to the definition, this question is incorrect.

  3. Anonymous users2024-02-05

    Business income = main business income + other business income.

    Operating profit = operating income - operating costs - business taxes and surcharges - selling expenses - administrative expenses - financial expenses - asset impairment losses - fair value change gains and losses - investment income, etc.

    Total Profit = Operating Profit + Non-Operating Income - Non-Operating Expenses. Net Profit = Total Profit - Income Tax Expense.

    Through the income statement, the income realization of an enterprise in a certain accounting period can be reflected, that is, how much is the main business income realized, how much other business income is realized, how much investment income is realized, how much is the non-operating income realized, etc., which can reflect the expenses in a certain accounting period.

    Notes:

    When the total profit is negative, the income of the enterprise after one year of operation is not enough to cover the cost and business tax payable, which is usually called the loss of the enterprise.

    When the total profit is zero, the income of the enterprise for a year is exactly equal to the expenditure, and the business does not lose money or make money, which is commonly known as breakeven.

    When the total profit is greater than zero, the income of the enterprise in a year is greater than the expenditure, which is commonly referred to as corporate profit.

  4. Anonymous users2024-02-04

    Net profit refers to the total profit of the enterprise in the current period minus the amount of income tax, that is, the after-tax profit of the enterprise. Income tax refers to the tax calculated and paid to the state on the total profit realized by an enterprise in accordance with the standards stipulated in the Income Tax Law. It is a deduction item from the total profit of the enterprise.

    It refers to the profit retention after paying income tax in the total profit of the enterprise, which is generally called after-tax profit or net profit. The amount of net profit depends on two factors, one is the total profit, and the other is the income tax expense.

    1. The formula for calculating net profit is: net profit = total profit - income tax expense. Net profit is the end result of business operations.

    The more net profit, the better the operating efficiency of the enterprise; If the net profit is small, the operating efficiency of the enterprise is poor. It is the main indicator to measure the operating efficiency of enterprises. The net profit is calculated as follows, which is generally divided into four steps:

    Operating income includes main business income and other business income. Operating profit is operating income less operating costs (main business costs and other operating costs), operating taxes and surcharges, selling expenses, administrative expenses, finance expenses, asset impairment losses, plus fair value change gains and investment income.

    2. Total profit, that is, operating profit plus non-operating income minus non-operating expenses, is total profit. Net profit is gross profit minus income tax expense. Net profit refers to the total profit of the enterprise in the current period minus the amount of income tax, that is, the after-tax profit of the enterprise.

    Income tax refers to the tax calculated and paid by enterprises to the state according to the standards stipulated in the income tax law. It is a deduction item from the total profit of the enterprise. It refers to the retention rate of the enterprise in the total profit after paying income tax according to the regulations, which is generally called after-tax profit or net profit.

    The amount of net profit depends on two factors, one is the total profit, and the other is the income tax expense.

    Extended information: 1. Net profit is the final result of business operation. The more net profit, the better the operating efficiency of the enterprise; The lower the net profit, the worse the operating efficiency of the enterprise.

    It is the main indicator to measure the operating efficiency of the enterprise. This indicator is the ratio of net cash flow from operating activities to net profit. The net profit accrued in the income statement is recognized on the premise that the accrual basis, the matching principle, the historical cost principle and the monetary value remain unchanged.

    Total profit is the symmetry of "total loss". The final financial results achieved by the enterprise through production and business activities in a certain period of time. Net profit refers to the total profit of the enterprise in the current period minus the amount of income tax, that is, the after-tax profit of the enterprise.

    2. Their calculation formulas are different, total profit = operating profit + non-operating income - non-operating expenses, operating profit = operating income - operating costs - taxes and surcharges - sales expenses - management expenses - financial expenses - credit impairment loss - asset impairment loss + fair value change gain (- fair value change loss) + investment income (- investment loss) + other income + asset disposal income (- asset disposal loss).

  5. Anonymous users2024-02-03

    This question is up to me, it takes a little time to type, so please be patient

    Hello dear, the net profit you are consulting is the amount of total profit minus income tax. Is this true? The answer is incorrect Net profit (income) refers to the company's profit retention after paying income tax in accordance with the regulations in the total profit, which is also generally known as after-tax profit or net profit.

    The formula for calculating net profit is: net profit = total profit - income tax expense. Net profit is the final result of an enterprise's operation, and the more net profit, the better the operating efficiency of the enterprise; If the net profit is less, the operating efficiency of the enterprise is poor, and it is the main indicator to measure the operating efficiency of an enterprise.

    Depends on the factor: The amount of net profit depends on two factors: one is the total profit.

    The second is that the income tax rate of the enterprise is statutory, and the higher the income tax rate, the less the net profit.

  6. Anonymous users2024-02-02

    1.Net profit is equal to the total profit minus corporate income tax.

    2.Operating profit + non-operating income - non-operating expenses = total profit.

  7. Anonymous users2024-02-01

    No. Net profit is the total amount of profit minus income tax expense.

  8. Anonymous users2024-01-31

    The total profit refers to the surplus of various incomes of the enterprise after deducting various expenses in the process of production and operation of the company, reflecting the total profit and loss realized by the enterprise during the reporting period.

    The specific formula: total profit = operating profit + non-operating income - non-operating expenses.

    Operating profit = operating income Operating costs Operating taxes and surcharges Period expenses Asset impairment loss + fair value change gain Fair value change loss + Net investment income.

    Non-operating income mainly includes: gains on the disposal of non-current assets, gains on the exchange of non-monetary assets, gains on intangible assets, gains on debt restructuring, gains and losses on business combinations, gains from inventory transactions, payables that cannot be paid due to creditors' reasons, subsidies, additional refunds of education fees, penalty income, donation gains, etc.

    Non-operating expenses refer to the expenses incurred by an enterprise that are not directly related to the daily production and operation activities of the enterprise. It includes the loss on the disposal of non-monetary assets, the exchange loss of non-monetary assets, the loss on debt restructuring, the expenditure of public welfare donations, extraordinary losses, and inventory losses.

    Net investment income = investment income - investment loss.

    Net Profit Nai Xiaoshen = Total Profit Ming Zhao Income Tax Expense.

  9. Anonymous users2024-01-30

    Total profit before payment = operating profit + non-operating income - non-operating expenses. Profit refers to the operating results of a business in a certain period. Profit includes the net amount of income after deducting expenses, gains and losses directly included in the current profit, etc.

    1. Operating income = main business income + other business income;

    2. Operating cost = main business cost + other business costs;

    3. Distributable profit = net profit (or net loss) realized in the current year + undistributed profit at the beginning of the year (or unmade loss at the beginning of the year) + other transfer-in.

    4. Operating profit = operating income - operating costs - taxes and surcharges - sales expenses - management expenses - R&D expenses - financial expenses + other income + investment income (- investment loss) + net exposure hedging income (- net exposure hedging loss) + fair value change gain (- fair value change loss) - credit impairment loss - asset impairment loss + asset disposal gain (- asset disposal loss).

    5. Net travel ship profit = total profit - income tax expense.

  10. Anonymous users2024-01-29

    The gross profit margin of sales is the percentage of gross profit to sales revenue, and the calculation formula is: gross profit margin of sales = [(sales revenue - cost of sales) sales revenue] 100%. It reflects the initial profitability of the company's product sales, and is the starting point of the company's net profit.

    Compared with the same industry, if the company's gross profit margin is significantly higher than the level of the same industry, it means that the company's products have high added value and high product pricing, or the company has cost advantages and competitiveness compared with its peers.

    Net profit margin is the percentage of net profit to sales revenue, and the formula is: net profit margin = (net profit sales revenue) 100%. It is proportional to the net profit, and the sales revenue is inversely proportional, the enterprise in the increase of sales revenue at the same time, must correspondingly get more net profit, in order to keep the net profit margin unchanged or improved.

    By analyzing the rise and fall of the net profit margin of sales, enterprises can be urged to pay attention to improving operation and management and improving profitability while expanding sales.

    Operating profit margin is the percentage of operating profit to sales revenue, and the formula is: operating profit Shenlun ratio (operating profit sales revenue) 100%. It can better portray the contribution of the company's main business to profitability than the net profit margin of sales, because the net profit is obtained after adding investment income, subsidy income and net non-operating expenses on the basis of operating profit, and the sustainability of these income or losses is poor, excluding these effects can better reflect the changes in the company's profitability and the difference in the profitability of different companies.

    Income Statement Calculation Formula:

    1. Operating profit = main business income - main business cost - main business tax and surcharge + other business income - other business expenses - operating (sales) expenses - management expenses - financial expenses.

    2. Total profit = operating profit + subsidy income + non-operating income - non-operating expenses.

    3. Net profit = total profit - income tax.

  11. Anonymous users2024-01-28

    Total profit before payment = operating profit + non-operating income - non-operating expenses. Profit refers to the operating results of a business in a certain period. Profit includes the net amount of income minus expenses, gains and losses directly included in the profit for the current period, etc.

    1. Operating income = main business income + its business income;

    2. Operating cost = main business cost + other business costs;

    3. Profit available for distribution = net profit (or net loss) realized in the current year + undistributed profit at the beginning of the year (or unmade loss at the beginning of the year) + other transfers.

    4. Operating profit = operating income - operating costs - taxes and surcharges - sales expenses - management expenses - R&D expenses - financial expenses + other income + investment income (- investment loss) + net exposure hedging income (- net exposure hedging loss) + fair value change income (- fair value change loss) - credit impairment loss - asset impairment loss + asset disposal gain (- asset disposal loss).

    5. Net profit = total profit - income tax expense.

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