Net operating profit after tax is a company's profit from its core operations after paying taxes.

Understand net income: its definition, calculation method, and its critical role in business decisions and tax reporting.

Net income offers critical insight into a company's financial condition and prospects, telling investors whether a company makes money and giving a forecast of its future health.

To calculate net income, start with total revenue, subtract the cost of goods sold to find gross profit, and then deduct operating expenses, interest, and taxes.

Gross profit margin offers insight into a company's profitability […] The post What Is Gross Profit Margin and How Can You Calculate It? appeared first on SmartReads by SmartAsset.