Question

What is gross profit

Answer 1

hloo dear...

It is company total revenues which would be minus to the cost of the goods sold

hope it helps
@zoyna

Answer 2

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 the application of additional selling and administrative expenses. Gross profit is typically stated partway down the income statement, prior to a listing of selling, general, and administrative expenses.