Gross profit

  • Gross is the profit a business makes after taking away the costs it took to make the product/service.
  • Revenue - Cost of sales = Gross profit.

Net profit

  • Net profit is the profit the business makes after all expenses have been paid.
  • Operating profit - Intrest = Net profit.

Operating profit

  • Operating profit is the profit left over after other operating costs have been made.
  • Gross…


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