Question

define gross profit and other terms used in corporate

Answer 1

ɪ ʜᴏᴩᴇ ʜᴇʟᴩ yᴏᴜ

A company's gross profit is the difference between its total income from sales and itstotal production costs. SIMILAR WORDS:gross margin. Gross profit is the figure obtained on the profit and loss account when the cost of goods sold is deducted from the sales revenue of a business.

ᴩʟᴇᴀꜱᴇ ᴍᴀʀᴋ ʙʀᴀɪɴʟɪꜱᴛ