ANSWERS: 5
  • Net profit is what's left after you subtract the expenses of doing business from the gross profit. Gross profit is the difference in what you paid for an item and the amount you receive when you sell it. It doesn't take into account the electric bill, office supplies, etc.
  • net is whats left after the fish eat the gross
  • I just answered this exact same question a few days ago, but, whatevs. Gross profit is before tax is deducted, net is after. Profit is revenue less expenses.
  • Gross profit is what you made, net profit is what the goverment lets you have after then get done playing around with it.
  • The same as your paycheck. Your gross salary is $200. Your net salary, after all the deductions, is $125. A business gross profit is whatever income they earned for the month. The net profit is wjatever is left over after they deduct for rent for the store. salaries for the employees, health insurance for the employees, utility bills to heat or cool the store and have the lights on, taxes, advertising, etc

Copyright 2023, Wired Ivy, LLC

Answerbag | Terms of Service | Privacy Policy