Short Answer on _________Gross profit

Answer Posted / anjali

Gross profit is the amount left over from the sales after
product manufacturing costs( cost of good sold) are taken
out.
Sales - Cost of good sold = Gros profit

Is This Answer Correct ?    6 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How goodwill is accounted for the first time in a company .

1577


What are the steps involved in converting the trail balance of a foreign branch? Explain the steps involved in incorporating the foreign branch trail balance in HO books

1753


what are the certificates needed at the time of SBI clerical interview?

1572


What is re-financing in Letter of Credit settlement

1522


selling price = shs. 200, variable overhead-selling per unit= shs 80, variable production cost per unit = shs 60, fixed selling cost = 2,840,000. the production capacity of the project is 200,000 units. required P/V ratio, BEP and margin of safety

1598






EXPAND___________NAA

1460


What is Goods Lost by Fire/Accident/Theft ?

1319


You been asked to prepare a training class for completing expense statements. What points will you emphasize to insure accurate expense statements are submitted?

1821


please explain the uses of internate protocol address(ip add)?

1678


Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful

1607


Give me total Details of payroll calculation, payslip with examples.

2242


what you mean by cross dunning

1718


what are all the formulas used in bank to calculate their economy

1586


can payorder be issued for outstation?if yes then how?should it be account payee?

1847


What are Home Equity Loans ?

1735