Operating Profit.... im thick
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Hello, im just doing some of my homework for college and im gettin myself into a bit of a mess with the operation profit.
How do i find the operating profit?
Is it:
Turnover - variable costs = operating profit
OR
Turnover - variable & fixed costs = operating profit
Please help me :oops:
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Re:Operating Profit.... im thick
its turnover less variable and fixed costs. its the profit before interest rec/paid, taxation and dividends.0