Represents the total profit generated from sources other than the direct operations of the business. This account is calculated as follows:
(v3140.00) Taxable Income
- (v3210.00) Taxable Operating Profit
+ (v1420.00) Total Interest Expense
= (v3225.00) Non-Operating Profit
Because Non-Operating Profit (v3225.00) consists of income and expense accounts that are unrelated to the ongoing production and administrative functions of the business, they are not included in the discounted cash flows used in valuation.
Enter nonoperating income accounts as before-tax amounts. Taxes applicable to nonoperating income accounts are calculated as Tax on Non-Operating Profit (v3230).