Meaning of Gross profit
How we at Bookkeeping Support Define the Meaning of Gross profit
Gross profit is defined as a company’s revenue less the cost of items sold before deducting other expenses.
How AI Define the Meaning of Gross profit
Gross profit is the revenue earned by a company from the sale of its products or services minus the cost of goods sold (COGS). It represents the profit a company makes before deducting other operating expenses.
