what is the difference between gross profit and net profit?
Answer Posted / kor
Gross Profit is that deducted the Fixed Costs only from
Total Sales/ Revenue
on the other hand Net Profit is that deducted all cost/
Expenses from Total Sales/ Revenue
For Example even if a company spend money in daily Tea
entertainment it will deduct in Net Profit not in Gross
Profit.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
• What are the types of cash flows?
what is a meaning of track record in tally software when we maintain the inventory entry what is role of track record
HI, FREINDS, I WANT TO KHOW IS THE CFP (CETICFIED FINANCIAL PLANNER) IS A GOOD COURSE, IS THEY ANY INSISTUTE IN HYDERABAD,IF ANY ONE DOING THIS COURSE PLEASE REPLY ME.
A----------involves transfer of money or moneys worth from one person to another
Classify bank account, stock of stationary account, returns inward account ou$tstanding rent account and capital account into real, personal and nominal account.
what is futures and options?
1. Fdr mature with interest
Explain the word Liquidation
How do we return the loan in equal installments with interest in tally
DEfine SAP
what is a Depository Participant?
What is the complete role of a Process executive in Accounts Payable Process ? Please anyone who is an expert in the process answer my question. A reply would help me a lot.
what is assessment? how many types of assessment will be there? and what is the documents and preparations for sales tax, service tax assessments??
Clasify Loss
what is ledger account