Gross profit: Difference between revisions
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(GP). | |||
A measure of profit taking account of some - but not all - related costs. | A measure of profit taking account of some - but not all - related costs. | ||
Revision as of 14:33, 15 January 2018
(GP).
A measure of profit taking account of some - but not all - related costs.
For example, Revenue LESS Direct costs of sales (but ignoring indirect costs such as administrative overheads).