gross profit on sales

gross profit on sales

Financial and business terms. 2012.

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  • Gross profit — In accounting, Gross profit or sales profit is the difference between revenue and the cost of making a product or providing a service, before deducting overhead, payroll, taxation, and interest payments. Note that this is different than operating …   Wikipedia

  • gross profit — the excess of net sales over cost of goods sold usually expressed as a percentage. Glossary of Business Terms A subtotal on a firm s statement of income that is net sales minus cost of goods sold. Sometimes called gross profit on sales. American… …   Financial and business terms

  • Gross profit margin — is a financial ratio used to assess the profitability of a firm s core activities, excluding fixed costs.The general calculation ismathrm{Gross profit margin} = frac{mathrm{Revenue Cost of Sales{mathrm{RevenueThe gross profit margin is related to …   Wikipedia

  • Gross profit margin — Gross profit divided by sales, which is equal to each sales dollar left over after paying for the cost of goods sold. The New York Times Financial Glossary * * * gross profit margin UK US noun [C or U] (ABBREVIATION GPM) ACCOUNTING ► a company’s… …   Financial and business terms

  • gross profit margin — Gross profit divided by sales, which is equal to each sales dollar left over after paying for the cost of goods sold. Bloomberg Financial Dictionary * * * gross profit margin UK US noun [C or U] (ABBREVIATION GPM) ACCOUNTING ► a company’s profit… …   Financial and business terms

  • gross profit — gross margin; = gross profit margin The difference between the sales revenue of a business and the cost of sales. It does not include the costs of finance, administration, or distribution. Compare: net profit …   Accounting dictionary

  • gross profit — gross margin; gross profit margin The difference between the sales revenue of a business and the cost of sales It does not include the costs of finance, administration, or distribution. Compare net profit …   Big dictionary of business and management

  • gross profit percentage — gross margin ratio A ratio of financial performance calculated by expressing the gross profit as a percentage of sales. With retailing companies in particular, it is regarded as a prime measure of their trading success. The only ways in which a… …   Accounting dictionary

  • gross profit percentage — gross margin ratio A ratio of financial performance calculated by expressing the gross profit as a percentage of sales. With retailing companies in particular, it is regarded as a prime measure of their trading success. The only ways in which a… …   Big dictionary of business and management

  • Gross Profit — A company s revenue minus its cost of goods sold. Gross profit is a company s residual profit after selling a product or service and deducting the cost associated with its production and sale. To calculate gross profit: examine the income… …   Investment dictionary

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