In accounting, gross profit or sales profit or "credit sales" is the difference
between revenue and the cost of making a product or providing a service, before
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 ...
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 ...
Here's a modified income statement of a large technology company. As you can
see, gross profit is the preliminary measure of profitability before operating ...
Mar 31, 2013 ... Learn how to calculate gross profit with fixed and variable costs. Methods to
compute gross profit margins and markups to help your business ...
View industry data on Gross Profit and an explanation of Gross Profit.
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 ...
Definition of gross profit: The difference between revenue and the cost of
producing goods or services sold. It is sometimes expressed as a percentage.
Nov 30, 2011 ... Gross profit is net sales minus the cost of goods sold. It reveals the amount that a
business earns from the sale of its goods and services before ...
Gross profit definition, gross receipts less the cost of goods or production but
before the deduction of such other costs as rent or salaries. See more.