Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the definition of gross profit on sales?

definition gross profit sales
0
Posted

What is the definition of gross profit on sales?

0

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, payroll, taxation, and interest payments. ChaCha on!

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.