<Ul> <Li> </Li> <Li> </Li> <Li> </Li> </Ul> <P> Net profit, also referred to as the top line, net income, or net earnings is a measure of the profitability of a venture after accounting for all costs . It is the actual profit, and includes the operating expenses that are excluded from gross profit . In a survey of nearly 200 senior marketing managers, 91% responded that they found the net profit metric very useful . In accounting, net profit is equal to the gross profit minus overheads and interest payable for a given time period (usually, the accounting period). </P> <P> A common synonym for net profit when discussing financial statements (which include a balance sheet and an income statement) is the bottom line . This term results from the traditional appearance of an income statement which shows all allocated revenues and expenses over a specified time period with the resulting summation on the bottom line of the report . </P> <P> In simplistic terms, net profit is the money left over after paying all the expenses of an endeavor . In practice this can get very complex in large organizations or endeavors . The bookkeeper or accountant must itemise and allocate revenues and expenses properly to the specific working scope and context in which the term is applied . </P>

Where do i find net profit on an income statement
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