what is gross profit?

Answers were Sorted based on User's Feedback



what is gross profit?..

Answer / mohd akber

The final representation of how much money a company has
earned. From doing business over the course of a year, shown
on the company's Income statement. It takes all the money a
company has received from operating and subtracts all
expenses, Including operating Expenses financing costs and
taxes. Net profit is calculated as total revenue minus total
expenses.

Is This Answer Correct ?    0 Yes 1 No

Post New Answer

More Accounting AllOther Interview Questions

what is unique in you i.e, why should i prefer you than

0 Answers   ADP,


who are minority share holders or what is minority shareholders?

2 Answers   Thomson,


What do you mean by domestic expenses?

2 Answers   ACS,


As per the accounting what do you mean by Fixed Assets?

9 Answers  


what is reconsilation@

5 Answers   ADP, Infosys, Xchanging,






Expand Bank O C C

5 Answers  


What aspect of accounting do you dislike the most?

3 Answers  


Short Answer on ________Sole Proprietor

0 Answers  


What are the principles of Accounting

5 Answers   Hash Biotech,


What do u mean by Deferred Revenue Expenses? Explain with examples?

8 Answers   Cap Gemini, Genpact, HSBC, Shivam, Wipro,


What is the difference between input vat & out put vat?

11 Answers  


What do you mean by Investment Banking?

5 Answers   HCL,


Categories