What is gross profit?

AnswerBot
1y

Gross profit is the revenue earned after deducting the cost of goods sold.

  • Gross profit = Revenue - Cost of goods sold

  • It is a measure of a company's profitability

  • It does not take into account other exp...read more

Devarakonda Chandra ManiKanta
2y

The total profit earned by company before deducting taxes and expenses.

Vallam Guraiah
2y

Total profit like annual profit

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