Multiple Choice Questions on operating profit ........ for UPSC EPFO Exam Preparation

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Multiple Choice Questions

operating profit ........

General Accounting Principles Accounting cycles
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    operating profit =

    net profit - non operting expenses + non operating incomes

    Incorrect Answer

    gross profit + non operting expenses - non operating incomes

    Incorrect Answer

    Net profit - non operating incomes + non operting expenses 

    Correct Answer

    none of these

    Incorrect Answer
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    Explanation:

    formula for operating profit = net profit - non operating incomes + non operating expenses

    By: SWAPNIL AGGARWAL
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