bobbyjoe6965 bobbyjoe6965
  • 23-09-2019
  • Business
contestada

What is gross profit?

What is gross profit class=

Respuesta :

kmbryg kmbryg
  • 23-09-2019

Answer:

The money left over the cost of making a product or providing a service.

Explanation:

In other words its the profit you get after you deduct the money spent on producing a product or providing a service. Example: You have a company which is constructing bikes. Constructing cost 200 $, you sell it for 500$. So you have 300 $ of gross profit per bike.

Answer Link

Otras preguntas

The United States became involved in the war with Germany because
Which words make up the adverb phrase in this sentence? We built a giant snowman in the backyard yesterday afternoon. a. We built b. a giant snowman c. yesterd
Which number in the set {−486, 0, 259} is a natural number?
Randy currently has a batting average of .388. What two fractions is this decimal between?
Which word is the subject of the sentence? Has Jimmy finished his breakfast? A. breakfast B. Jimmy C. finished D. his
why did journalist call the alaska purchase of 1867 "sewards folly"
Which of these is a true statement about anthropologists?
Some Americans prefer appointment of judges rather than elections because they believe appointment
what is Koch’s postulates ?
5x2y and 7xy2 are like terms?