Net profit in a business is - WAEC Accounting 2014 Question
Net profit in a business is
A
the amount of money taken out of the business by the owner
B
the cash in the business bank account
C
the difference between sales and cost of sales
D
sales revenue less cost of sales expenses
correct option: d
Net profit is the actual profit after working expenses not included in the calculation of gross profit have been paid.
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