Gross Profit/Gross Income/Gross Loss
• Subtracting the cost of goods sold (or cost of services) from revenue• Sales Revenue – Cost of Goods Sold (COGS)
The goto resource for studying materials
Gross Profit/Gross Income/Gross Loss
• Subtracting the cost of goods sold (or cost of services) from revenue• Sales Revenue – Cost of Goods Sold (COGS)