Ayushi Asked a Question
August 13, 2020 12:49 pmpts 30 pts
43. Net profit is equal to (Total revenue - (Total cost + Depreciation) (2) Gross profit Implicit costs 3) Gross profit - Explicit costs (4) Total revenue Total cost
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  • Nidhi taparia thankyou
    Option (1) is indeed right. In fact, Net profit = Total revenue - Total costs - (depreciation + amortization + interest etc). Gross profit on the other hand is, total revenue - ...
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