Economics · Financial Statements
Net profit is equal to which of the following expressions?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Gross profit + Other incomes - Indirect expenses✓
- 2Sales - Purchases + Direct expenses
- 3Gross profit + Sales - Purchases
- 4Gross profit + Direct expenses - Sales
Correct answer
Gross profit + Other incomes - Indirect expenses
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