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Gross Profit
A company's revenue minus its cost of goods sold. Gross profit is a company's residual profit after selling a product or service and deducting the cost associated with its production and sale. To calculate gross profit: examine the income... More »
What is Gross Profit?
Gross profit is the difference between what a company makes by selling goods and services and what it costs to produce those goods and services. Gross profit does not take account of fixed costs, which are largely the same regardless of the quantity the... More »
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en.wikipedia.org/wiki/Gross_profit

In accounting, gross profit, gross margin, sales profit, or credit sales is the difference between revenue and the cost of making a product or providing a service, ...

www.investopedia.com/terms/g/grossprofit.asp

A company's total revenue (equivalent to total sales) minus the cost of goods sold . Gross profit is the profit a company makes after deducting the costs associated ...

www.accountingcoach.com/blog/what-is-gross-profit

Gross profit is net sales minus the cost of goods sold. (Some people use the term gross margin and gross profit interchangeably. Others use gross margin to ...

www.investinganswers.com/financial-dictionary/financial-statement-analysis/gross-profit-2077

Gross profit is important because it reflects the core profitability of a company before overhead costs, and it illustrates the financial success of a product or service ...

www.entrepreneur.com/article/226158

Mar 31, 2013 ... One of the most important financial concepts you will need to learn in running your new business is the computation of gross profit. And the tool ...

smallbusiness.chron.com/calculate-gross-profit-margin-percentage-4133.html

The gross profit margin expresses your profits as a percentage of the total sales revenues generated. This percentage allows you to compare the profits of ...

www.thebalance.com/gross-profit-on-the-income-statement-357578

Dec 30, 2016 ... Gross profit is calculated from the income statement by taking total revenue and subtracting cost of goods sold. It is important because it allows ...

study.com/academy/lesson/what-is-gross-profit-definition-formula-calculation.html

Jul 22, 2015 ... When we think of the word profit, we often think of how much money was made for doing something. In the accounting industry, there is more ...