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Net operating profit is defined as
mkjmabrey
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Net operating profit is defined as
Net operating profit is defined as
▸ contribution margin minus traceable fixed costs.
▸ sales minus variable costs.
▸ segment margin minus income taxes.
▸ operating income minus income taxes.
Textbook
Managerial Accounting
Edition:
4
th
Author:
Davis
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operating income minus income taxes.
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