Financial State...

Interest and taxes are ___________ from operating profit to find out the net profit.

______________ is a good indicator of how well the business activities are being managed.

Operating Profit is also known as ____________.

__________ is non operating expense.

Net Profit = 50000
interest on bank loan = 500
bad debts = 1000

Which of the following is correct?

If the rent of one month is still to be paid, the adjustment entry will be_________________________.

Amount which is not recoverable from customer is known as ___________. 

While calculating operating profit, the following are not taken into account:

Financial statements are part of ______.