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1
What
What's the Difference between Gross Profit and Net Profit? - Sasha Evdakov
::2012/08/07::
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2
How To Compute Gross Profit
How To Compute Gross Profit
::2011/04/06::
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3
Retail Tip: Gross Profit Margin
Retail Tip: Gross Profit Margin
::2011/09/08::
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4
How to calculate Gross Profit Margin
How to calculate Gross Profit Margin
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5
SAS TV #2 What
SAS TV #2 What's the difference between Gross Profit and Net Profit
::2012/03/15::
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6
Business and Finance Lesson 1: Gross Profit Margin (Business English Learning)
Business and Finance Lesson 1: Gross Profit Margin (Business English Learning)
::2011/09/22::
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7
Gross Profit Method
Gross Profit Method
::2011/02/04::
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8
Gross Profit Ratio - Learn Accounting Online
Gross Profit Ratio - Learn Accounting Online
::2013/05/24::
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9
Gross Profit Margin Ratio, Defined and Explained
Gross Profit Margin Ratio, Defined and Explained
::2013/07/12::
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10
Gross Profit Method (Used To Determine Inventory Lost In A Fire, % Cost Vs % Sales)
Gross Profit Method (Used To Determine Inventory Lost In A Fire, % Cost Vs % Sales)
::2012/11/22::
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11
Gross Profit Equation (Calculating Gross Profit Percentage, Selling Price Vs Cost Markup)
Gross Profit Equation (Calculating Gross Profit Percentage, Selling Price Vs Cost Markup)
::2012/11/20::
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12
12. Assigning Costs to Inventory Using the Gross Profit Method
12. Assigning Costs to Inventory Using the Gross Profit Method
::2012/06/16::
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13
Why Gross Profit?
Why Gross Profit?
::2013/06/20::
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14
Gross Profit Method To Determine Ending Inventory (Also Called Gross Margin Method)
Gross Profit Method To Determine Ending Inventory (Also Called Gross Margin Method)
::2012/11/19::
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15
Gross Profit & Gross Profit Margin on the Income Statement
Gross Profit & Gross Profit Margin on the Income Statement
::2012/04/08::
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16
Gross and Operating Profit
Gross and Operating Profit
::2011/04/01::
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17
Math in Daily Life : How to Calculate Gross Profit Margin
Math in Daily Life : How to Calculate Gross Profit Margin
::2008/11/21::
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18
Financial Analysis- Calculating net and gross profit using excel
Financial Analysis- Calculating net and gross profit using excel
::2012/06/21::
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1A Ch 6 Gross Profit FIFO
1A Ch 6 Gross Profit FIFO
::2012/10/09::
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20
Intermediate Accounting 32 Deferred Gross Profit,  Installment Sales
Intermediate Accounting 32 Deferred Gross Profit, Installment Sales
::2012/03/06::
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21
Income Statement, Cont
Income Statement, Cont'd: Cost of Goods Sold, Gross Profit, Expenses
::2013/06/09::
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Income Statement; Gross Profit Percent; Inventory Turnover - Accounting video
Income Statement; Gross Profit Percent; Inventory Turnover - Accounting video
::2011/01/04::
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23
Income Statement Merchandising Operations (Net Sales, Gross Profit, Net Income)
Income Statement Merchandising Operations (Net Sales, Gross Profit, Net Income)
::2012/09/07::
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24
Calculating Gross Profit Tip of the Week 6.8.2010
Calculating Gross Profit Tip of the Week 6.8.2010
::2010/06/08::
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25
Microsoft Excel Tutorial - How to Work out Gross Profit
Microsoft Excel Tutorial - How to Work out Gross Profit
::2013/12/17::
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26
Business Calculations & Accounting : How to Calculate Gross Profit
Business Calculations & Accounting : How to Calculate Gross Profit
::2009/07/06::
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27
BTEC Ratios 1 Gross profit to sales
BTEC Ratios 1 Gross profit to sales
::2012/11/19::
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28
"[Gross-Profit-Percentage]"
"[Gross-Profit-Percentage]"
::2009/08/19::
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29
Calculating Gross Profit Margin in Excel
Calculating Gross Profit Margin in Excel
::2014/01/26::
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30
Financial Accounting 13 Deferred Gross Profit
Financial Accounting 13 Deferred Gross Profit
::2012/11/02::
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31
Gross Profit Method (Gross Profit As Percent Of Sales Vs Gross Profit Markup On Cost)
Gross Profit Method (Gross Profit As Percent Of Sales Vs Gross Profit Markup On Cost)
::2012/11/21::
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32
Gross Profit Method
Gross Profit Method
::2014/06/25::
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33
Financial Accounting online Tutorial 7 | Periodic Inventory System, Gross Profit method, LIFO, FIFO
Financial Accounting online Tutorial 7 | Periodic Inventory System, Gross Profit method, LIFO, FIFO
::2014/06/01::
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34
Gross profit margin | Video 98
Gross profit margin | Video 98
::2013/11/25::
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35
Better Trade _ ตรวจสุขภาพหุ้นด้วย Gross profit margin
Better Trade _ ตรวจสุขภาพหุ้นด้วย Gross profit margin
::2014/09/15::
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36
Turnover, Gross Profit, Net Profit, EBITDA and EBIT
Turnover, Gross Profit, Net Profit, EBITDA and EBIT
::2013/11/27::
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37
| Chapter 04 | Calculating Profitability Ratios  | Lesson 03 | (Gross profit & net profit margin) |
| Chapter 04 | Calculating Profitability Ratios | Lesson 03 | (Gross profit & net profit margin) |
::2010/11/25::
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38
Profit Margin Ratio in 9 minutes - How to Calculate Financial Ratio Analysis Tutorial
Profit Margin Ratio in 9 minutes - How to Calculate Financial Ratio Analysis Tutorial
::2011/05/15::
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39
Gross Profit Method and Conventional Retail Inventory Method
Gross Profit Method and Conventional Retail Inventory Method
::2012/01/25::
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40
Is Your Gross Profit Margin Where it Should Be?
Is Your Gross Profit Margin Where it Should Be?
::2014/09/11::
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41
Installment Sales Method (Gross Profit Percentage, Deferred Gross Profit Vs Realized Gross Profit)
Installment Sales Method (Gross Profit Percentage, Deferred Gross Profit Vs Realized Gross Profit)
::2013/06/05::
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42
Business - Sales Revenue, Gross Profit and Net Profit
Business - Sales Revenue, Gross Profit and Net Profit
::2011/11/25::
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43
Gross Profit Method (COGS & Inventory Based On Percent Of Sales Vs Markup On Cost)
Gross Profit Method (COGS & Inventory Based On Percent Of Sales Vs Markup On Cost)
::2012/11/21::
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44
Advanced Accounting 12, Part 4: Calculating Differential, Gross Profit in Inventory
Advanced Accounting 12, Part 4: Calculating Differential, Gross Profit in Inventory
::2013/10/30::
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45
Gross Profits and Inventory Costs Under Different Inventory Methods
Gross Profits and Inventory Costs Under Different Inventory Methods
::2011/12/14::
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46
Using Gross Profit Percentage
Using Gross Profit Percentage
::2013/10/18::
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47
Gross Profit Method
Gross Profit Method
::2013/11/15::
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SALES OR RETAIL: CALCULATE GROSS MARGIN / MARKUP / PROFIT CALCULATOR SPREADSHEET EXCEL
SALES OR RETAIL: CALCULATE GROSS MARGIN / MARKUP / PROFIT CALCULATOR SPREADSHEET EXCEL
::2011/12/03::
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49
Contribution Margin Vs Gross Profit Margin (Managerial Accounting Tutorial #14)
Contribution Margin Vs Gross Profit Margin (Managerial Accounting Tutorial #14)
::2014/05/04::
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Cut expenses or grow gross profit
Cut expenses or grow gross profit
::2013/12/14::
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From Wikipedia, the free encyclopedia
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In accounting, gross profit or sales profit or gross margin 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 from operating profit (earnings before interest and taxes). Note also that gross margin is the term normally used in the U.S.,[1][2] while gross profit is the more common usage in the UK and Australia.

The various deductions (and their corresponding metrics) leading from Net sales to Net income are as follows:

Net sales = Gross sales – (Customer Discounts, Returns, Allowances)
Gross profit = Net salesCost of goods sold
Gross profit percentage = {(Net salesCost of goods sold)/Net sales} x 100
Operating Profit = Gross Profit – Total operating expenses
Net income (or Net profit) = Operating Profit – taxes – interest

(Note: cost of goods sold is calculated differently for a merchandising business than for a manufacturer.)

See also[edit]

References[edit]

  1. ^ Horngren, Charles (2011). Accounting, 9th Edition. Upper Saddle River, New Jersey 07458: Prentice Hall. ISBN 0132569051. 
  2. ^ "Gross Margin". Investopedia. 
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