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
ex -
The total profit earned by company before deducting taxes and expenses.
Vallam Guraiah
2y
Total profit like annual profit
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