gross profit Definition

gross profit

Definition

Calculated as sales minus all costs directly related to those sales. These costs can include manufacturing expenses, raw materials, labor, selling, marketing and other expenses.

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gross profit is ...
... part of the Accounting and Investor Relations subjects.

... #18 on our list of the most popular terms.

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margin of profit

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Gross Profit/Loss

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first-in, first-out (FIFO), last in, first out (LIFO), sales mix, profitability ratios, trading profit, and