On the Income Statement, Net Profit After Tax Is Generally

question 37

Multiple Choice

On the income statement, net profit after tax is generally defined as:

• A)operating profit minus operating expenses
• B)operating profit minus cost of goods sold
• C)operating profit minus interest
• D)operating profit minus interest minus taxes
• E)none of the above

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Definitions:

Fovea

The fovea is a small, central pit composed of closely packed cones in the eye, responsible for sharp central vision necessary for activities like reading and driving.

Iris

The colored part of the eye surrounding the pupil, which adjusts the size of the pupil to regulate the amount of light entering the eye.

Pupil

The central, circular opening in the iris of the eye, which regulates the amount of light that enters the eye to reach the retina.

Iris

The colored part of the eye surrounding the pupil, responsible for controlling the diameter and size of the pupil and thus the amount of light reaching the retina.