English, asked by yogita1376, 11 months ago

Why gross profit on gross loss ?

Answers

Answered by kr80989

Gross profit is the revenue earned by a company after deducting the direct costs of producing its products. ...Gross profit is calculated by subtracting the cost of goods sold from total revenue. If the resultinggross profit figure is divided byrevenue, you are left with the gross profit margin.

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