When your company turns a profit, you might refer to it simply as "money." To accountants, profits can have various names: income, revenue, profit, net income, net profit and more. "Net income" and "net profit after tax" mean the same thing: the amount left after you subtract expenses...
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: ...
Is Net Revenue the Same As Profit? They are similar. Net revenue is the revenue your business earns after subtracting expenses. Profit relates to the income that’s left after deducting any remaining expenses from net revenue. What Is Net Revenue vs Net Sales? Net revenue refers to the total...
Profit before tax: This profit measure takes more costs into account than gross profit does, such as workers' salaries, interest ondebt, and other financial obligations. Net income, net profit, net earnings: Three names for the same thing.Net incomeis the most comprehensive measure of profit ...
Learn what the definition of economic profit is, and understand how to calculate it using an equation. Related to this QuestionWhat is the difference from gross income and net income? What's the difference between net profit and gross profit? What is the difference between gross ...
Net profit margin=R−COGS−E−I−TR∗100=Net incomeR∗100where:R=RevenueCOGS=The cost of goods soldE=Operating and other expensesI=InterestT=Taxes\begin{aligned} \text{Net profit margin} &= \frac{R - COGS - E - I - T}{R}*100\\ &= \frac{\text{Net income}}{R}*100\...
Gross income and net income are two terms commonly used by businesses to describe profit. Both terms can also be used to explain how much money a household is making or taking home. For an individual, net income is the total residual amount of income remaining after all personal expenses hav...
Net revenue: $185,000 Cost of goods sold: ($125,000) Gross profit: $60,000 Expenses Expenses of a business include all the costs to generate revenue. COGS are expenses that show up on the top part of the P&L before gross profit. Other expenses can be operating or non-operat...
Also referred to as net profit, net earnings or profit, net income is often a key indicator of how well a business is managed. Moreover, it can be a useful metric for investors in determining a company’s overall profitability and potential long-term value and return on investment. Ex...