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If gross profit is $5,500. Office and Adm. Expenses are $1,200. Depreciation is $500. Other indirect expenses are $500. What will be cash profit ?

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Question ajoutée par Khan Sohal khan , Associate , State Street Syntel Services Pvt Ltd.
Date de publication: 2014/09/16
Rola Dawood
par Rola Dawood , Sr. Payroll Officer , Alghanim Industries

Cash Profit = ($5500 - $1200 - $500 ))

Cash Profit = $3800

Hamza Mostafa
par Hamza Mostafa , Financial Analyst , Gullivers Travel Associate

3800 assuming you dont have credit terms with the office and admin expenses supplier and you paid the full expenses within the month without accruing any.

TANWEER MIRZA
par TANWEER MIRZA , ACCOUNTANT , USL SHIPPING DMC EST, DUBAI (SHIP/VESSEL CHARTERING CO.)

3800 is the cash profit subject to all the admin and other indirect expenses for that period are booked and accounted

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Gross Profit                                                 =     $5500   

less Office Admin Expenses                       =     (1200 )   (cash payments)

Less Other Indirect Expenses                    =       (500 )   (cash Payments)

Cash profit                             =      $3800

(Note: Depreciation is not a cash payment)

Utilisateur supprimé
par Utilisateur supprimé

Cash Profit $3,800/- assuming there is no credit transaction and depreciation is not included in Office and Admin. Expenses.5,500-1,200-500(Indirect Expenses) =3,800/-

Khan Sohal khan
par Khan Sohal khan , Associate , State Street Syntel Services Pvt Ltd.

Exectly $3,800.

Caroline Wagdy
par Caroline Wagdy , madical represintitive , chemipharm

cash profit=5500-(1200+500)=3800

Ahmed kandil
par Ahmed kandil , Cost Controller , Battour Holding Cpompany

gross profit  5500$

subtract 

office and admin expenses1200

other indirect expenses500

-- cash profit ((3800 ))

cash profit = 

mohamed Hakim CMA CPA Candidate
par mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

3800 will be the answer 

 

Mohammed Abdulaziz Alsnedi
par Mohammed Abdulaziz Alsnedi , marketing manager , alboom media production

3,800 is the cash

Ghous Ahmad
par Ghous Ahmad , Financial Accountant , Al Jammaz Group

answer  ..3800

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