Difference between Gross profit and net profit
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Net profit reflects the amount of money you are left with after having paid all your allowable business expenses, while gross profit is the amount of money you are left with after deducting the cost of goods sold from revenue.
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Net profit
reflects the amount of money you are left with after having paid all your allowable business expenses
Gross profit
is amount of money you are left with after deducting the cost goods sold from revenue.
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