Capital :
Types of capital, Types of share capital
Income: Money in to the company
expanse : Money go out from the company
Turnover: All collected money (all source income) – All bills including GST
Profit: except all expanses
Gross profit : selling price – manufacturing price (100 – 30) = 70
Operating profit : Gross profit – Operation cost (electricity, water etc) (70 -20) = 50
Net profit: Operating profit – Income tax(30%) (50 – 15) = 35
Loss:
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