. From the following calculate operating profit.
Particulars
Net Profit-150000
Rent received-15000
Gain on sale of machine-20000
Interest on Loans-35000
Donation-5000
Amount ₹
Particulars
Net Profit-150000
Rent received-15000
Gain on sale of machine-20000
Interest on Loans-35000
Donation-5000
Amount ₹
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operating activity= 150000
add: non cash /non operating expenses
donation 5000
less : non operating incomes
rent received 15000
profit on sale of machine 20000
interest on loan 35000
ans . 85000
Answer:
Explanation:
Operating profit = Net profit - Non operating income + Non operating expenses
Non operating Income= rent received + gain on sale of machine
=15000+20000
=35000
Non operating expenses= interest on loan + donation
=35000+5000
=40000
Therefore operating profit=150000-35000+40000
=155000