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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

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 ...

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 ...

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 ...

www.patriotsoftware.com/accounting/training/blog/what-is-gross-profit

Apr 1, 2016 ... Business owners can use a simple equation to find their gross profit. Your gross profit will show you how profitable you are and help you make ...

www.accountingtools.com/articles/what-is-gross-profit.html

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 ...

www.businessdictionary.com/definition/gross-profit.html

Definition of gross profit: The difference between revenue and the cost of producing goods or services sold. It is sometimes expressed as a percentage.