Understanding the difference between gross and net income is crucial for any small business owner. Learn these differences so you can improve your business.
Net profit is arrived at by deducting from the gross profit the indirect expenses, including overheads. The relationship between turnover and profit depends on the industry in which the business is operating. The level of turnover required to earn a healthy profit may vary from one industry to...
the bottom line of a company’sincome statement(利润表; 损益表). The term profit is commonly associated with the three most important points on the income statement: gross profit(毛利润), operating profit(营业利润), and net profit(净利润). These items reflect a company’s operational ...
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1. Gross profit is the difference between:? a.net income and operating incomed.income from continuing operations and discontinued ; operationsb.revenues and expensesc.sales and cost of goods sold 相关知识点: 试题来源: 解析 c.sales and cost of goods sold ...
Gross profit is the difference between: A.net income and operating incomeB.revenues and expensesC.sales and cost of goods soldD.income from continuing operations and discontinued operationsE.gross sales and sales discounts相关知识点: 试题来源: ...
Net Revenue vs. Operating Income It is important to understand the difference between net revenue and operating income. As in normal conversation, the two concepts may be used interchangeably. Net revenue and operating income both come in the income statement. Net revenue is the sum of all the...
1. Gross profit is the difference between:? c.sales and cost of goods solda.net income and operating incomeb.revenues and expensesd.income from continuing operations and discontinued ; operations 相关知识点: 试题来源: 解析 c.sales and cost of goods sold ...
Net profit margin takes into consideration the interest and taxes paid by a company. Net profit is calculated by subtracting interest and taxes from operating profit—also known asearnings before interest and taxes(EBIT). The net profit margin is then calculated by dividing net profit ...
The term profit may more commonly be associated with the three most important points on the income statement. These items provide checkpoints for a company’s operational efficiency and are thegross profit,operating profit, and net profit. The term earnings can be used interchangeably for any of ...