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Question : Which of the following statements is true?

Option 1: Net Profit after tax means Net Profit after interest and tax

Option 2: Net Profit after tax means Net Profit after interest and  before tax

Option 3: Net Profit after tax means Net Profit  before interest and  after tax

Option 4: Net Profit after tax means Net Profit before  interest and  before tax


Team Careers360 5th Jan, 2024
Answer (1)
Team Careers360 10th Jan, 2024

Correct Answer: Net Profit after tax means Net Profit after interest and tax


Solution : Answer - Net Profit after tax means Net Profit after interest and tax

NP After Tax mean = Net profit after interest on long-term loans and Taxes.

Net profit after tax refers to the earnings of a business after all income taxes have been deducted. It represents the final amount of profit generated by an organization, incorporating both operating income and income from other sources like interest income.
Hence, the correct option is 1.

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