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Question Practice

Which is the correct formula for Operating Profit according to the provided information?

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MCQ_SA
CBSE
Class 11
Accountancy
Accountancy - II
Financial Statements - I
Question Bank

Which is the correct formula f...

Single Answer MCQ
Q-00053511

Which is the correct formula for Operating Profit according to the provided information?

1

Operating Profit = Gross Profit - Expenses

2

Operating Profit = Net Profit + Non-operating Expenses - Non-operating Incomes

3

Operating Profit = Sales - Cost of Goods Sold

4

Operating Profit = Total Revenue - Total Expenses

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