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How to a calculation made internally by a company to show what it believes is a more accurate reflection of how much money it generates the number focuses on regular accounting cycle events and oft

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welcome to try podcast episode 304 its Monday September 16 and dick alec wants to talk about the five key components of a maintenance service agreement thats right maintenance service agreement not a contract whats the difference well lets listen in this session I want to cover what I consider some key points in a customer agreement and you notice that I didnt call it a contract I called it an agreement or a maintenance service agreement I found that many times people put up a barrier when you say contract but if you ask them to sign a maintenance service agreement just seems like that barrier kind of comes down and and its a lot easier to get some agreement on it and it doesnt sound quite as legal you dont get the legalism that you would when you say contract now one thing I want to make sure in this in this try podcast that we understand Im not offering legal advice its important that you develop your own agreement and you get your own legal counsel and let them you know l

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What does underlying net profit mean?

What is Underlying Profit? Underlying profit is a calculation made internally by a company to show what it believes is a more accurate reflection of how much money it generates. The number focuses on regular accounting cycle events and often excludes one-time charges or infrequent occurrences.

Is underlying profit the same as statutory profit?

Underlying earnings, also known as underlying profit, are used by companies to present their earnings in a more accurate format than that of statutory profit metrics. Statutory profit is the traditional form of profit, which companies are required by law to report within their official financial statements.

What does underlying EBIT mean?

Underlying EBIT is profit before net finance costs, tax and any earnings adjustment items, including impairments. Underlying EBIT is earnings before net finance costs, taxation and material items.

How do you calculate underlying operating profit?

The operating profit (or operating income) can be found on the income statement, or calculated as revenue - cost of goods sold (COGS) - operating expenses - depreciation - amortization.

What is underlying profit on a replacement cost basis?

Underlying replacement cost profit is replacement cost profit or loss adjusted for non-operating items and fair value accounting effects.

What is meant by underlying profit?

Underlying profit is the measure used internally to evaluate performance, to establish strategic goals and to allocate resources. In most years it is based on EBITDA (earnings before interest, tax, depreciation and amortisation).

What is underlying operating profit margin?

What Is Operating Margin? The operating margin measures how much profit a company makes on a dollar of sales after paying for variable costs of production, such as wages and raw materials, but before paying interest or tax. It is calculated by dividing a companys operating income by its net sales.

What is underlying PBT?

Underlying PBT (m) A measure of profit after expenses, depreciation and amortisation, and financing, before tax, but excluding exceptional items and amortisation of intangibles.

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