The financial result of the organization's activities is characterized by the amount of profit received, as well as the level of profitability. Profit comes from the sale of services or products. Only after the completion of the transaction, the net income can take the form of net profit. Sales volumes, the level of profitability and the amount of profit depend on the supply, production, commercial and marketing activities of the enterprise, that is, these indicators characterize each side of the economy.
It is necessary
- - calculator;
- - balance sheet.
Instructions
Step 1
The generalized characteristics of the enterprise are net and balance sheet profit. They remain equal until taxes are paid. Net profit depends on the income tax interest rate, which means it depends on external factors. The balance sheet profit, to a greater extent than the net profit, reflects the effectiveness of the organization's activities and the effectiveness of the decisions made by the management.
Step 2
For an initial assessment of decisions, management usually requires the calculation of carrying earnings and evaluates the impact of factors on the carrying earnings. The nuance that income tax is deducted from the balance sheet profit only reflects the fact of its importance as a quantitative characteristic of the organization's work.
Step 3
Balance sheet profit is determined on the basis of data on the result of profit from other sales, the amount of profit from the sale of work or products, on the balance from non-sales transactions. All this data must be added, and the final result will be the balance sheet profit.
Step 4
Net profit is equal to the difference between the balance sheet profit and the amount of income tax. If the company is a trading company, then the profitability indicator, which characterizes the relative amount of profit, is also widely used in its activities.
Step 5
Income tax is the main and most impressive deduction to the budget. Taxation applies to that part of the balance sheet profit that does not contain costs attributed to distribution costs.
Step 6
Taxable profit is the difference between the balance sheet profit, income tax, property tax, profit withdrawn to the budget, as well as profit received in excess of the level of profitability.
Step 7
To carry out successful management of the organization, it is necessary to determine and analyze the balance sheet profit. Therefore, it is necessary to thoroughly study the dynamics of profits, taking into account inflationary data, adjust the revenue for the weighted average growth index of the cost of services or goods on average in the industry. The cost of selling services and products must be reduced by an increase due to higher prices.
