Economics B A-Level
Profit for the year (net profit)
What Profit for the year (net profit) means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Profit for the year (net profit)
Check what you remember
Read the wording for your board, then hide it and explain Profit for the year (net profit) in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Calculated by deducting finance costs, such as interest on loans, and tax from the operating profit.
Topics that use Profit for the year (net profit)
- Profit and loss (Pearson Edexcel A-Level)
Related terms
- Financial performance
- Gross profit margin
- Market entry
- Market exit
- Operating profit
- Operating profit margin
- Profit for the year margin
- Profitability
Using Profit for the year (net profit) in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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