What kind of expenses are paid from gross profit?
Answers
Answered by
20
Answer:
The gross profit margin is the percentage of revenue that exceeds the cost of goods sold (COGS). The key costs included in the gross profit margin are direct materials and direct labor. Not included in the gross profit margin are costs such as depreciation, amortization, and overhead costs.
Answered by
1
Answer:
General expenses, Financial expenses and Selling expenses are paid out of Gross Profit.
Similar questions