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2 years ago

Baldwin's EBIT (Earnings Before Interest and Taxes) last year was $21,771,033. What was Baldwin's net profit

Business

2 answers:

tensa zangetsu [6.8K]2 years ago

5 0

The net profit is the money that a business earns after the deduction of the expenses for a period of time.

<h3>How to calculate the net profit?</h3>

Your information is incomplete as the data is missing. Therefore, an overview will be given. In order to calculate the net profit, it's important to know the gross profit.

The formula to calculate the net profit will be:

= Total revenue - Total expenses

Learn more about profit on:

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Law Incorporation [45]2 years ago

4 0

Baldwin's EBIT (Earnings Before Interest and Taxes) last year was $21,771,033. What was Baldwin's net profit

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Calculation for what will be the company's return on equity

First step

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Second step

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From equation 3 and 4

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