(accounting) The difference between net sales and the cost of goods sold.
Gross-profit Sentence Examples
An acre thus produces $11.60,.making a gross profit of $5.60.
Our retail energy supply gross profit grew by 14% to £ 95 million.
Between themselves, Microsoft and Nintendo, Sony falls second in gross profit.
The company enjoyed over 50-million dollars in gross profit in the years 2007 and 2008 and at its peak, president, CEO and majority stock holder, Mike Jackson, claimed that they had a distribution system of over 100,000 representatives.
If you're reaching for the preferred goal of a 70 percent profit margin that means you shouldn't be spending more than 30 percent of your gross profit on overhead and marketing.