grumpyp7211n grumpyp7211n
  • 14-04-2019
  • Business
contestada

Why is gross profit more important than net profit

Respuesta :

rebelheartcd
rebelheartcd rebelheartcd
  • 14-04-2019
gross profit shows how much money you made in relation to the cost of goods sold, this calculation is very important when you need to know wether a product is profitable or not. Net profit also substracts the expenses (building machinery,etc).
Answer Link
dhanyaj
dhanyaj dhanyaj
  • 03-06-2021

Answer:

Because gross proft shows your money before expenses, so you know your actual revenue/sales

Explanation:

Answer Link

Otras preguntas

How is a specific enzyme able to catalyze a specific reaction?
use a calculator to evaluate cot pi/7
What is 6/100 in simplest form?
A man plans to use a 2 metre crowbar to lift a rock by putting a pivot 0,8 m from the rock. One end of the crowbar will be under the rock and he will push down
One human disease is caused by a change in one codon in a gene from GAA to GUA. This disease is the result of..?
mom paid $2.40 for a 3/4 pound of cereal, how much is that per pound
Describe the Human Genome Project (5-10 sentences)
How is a specific enzyme able to catalyze a specific reaction?
S=L (1 - r), for r This is all it says, you are solving for r, the instructions just say solve for r
is the relationship between the 6s in 664 and 668 diffrent in any way?why or why not