Calculated as sales minus all costs directly related to those sales. These costs can include manufacturing expenses, raw materials, labor, selling, marketing and other expenses.
Related information about gross profit:
- Gross profit - Wikipedia, the free encyclopedia
In accounting, gross profit or sales profit is the difference between revenue and the cost of making a product or providing a service, before deducting overhead, ...
- Gross Profit Definition | Investopedia
A company's revenue minus its cost of goods sold. Gross profit is a company's residual profit after selling a product or service and deducting the cost associated ...
- Calculating Gross Profit Margin
Gross Profit Margin can be calculated by dividing gross profit by total revenue. Gross profit margin tells investors the percentage of revenue that is used in the ...
- Small Business Calculators: Gross profit margin
Use this business calculator to compute the gross profit margin needed to run your business.
- Gross Profit Formula
May 29, 2012 ... To calculate gross profit formula is as under .In order to calculate gross profit we require cost of good sold and the net sales of a company.
- Accounting Principles I: Gross Profit
Gross profit, which is also called gross margin, represents the company's profit from selling merchandise before deducting operating expenses such as salaries,
- Gross Profit - Financial Dictionary - The Free Dictionary
A company's revenue from sales in a given period of time less its cost of goods sold. Gross profit is easy to calculate and may provide a rough idea of a ...
- Gross Profit Definition & Example | InvestingAnswers
We explain the definition of Gross Profit, provide a clear example of how it works and explain why it's an important concept in business, finance & investing.