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What is Gross Profit - How to Calculate Gross Profit - Gross Profit
What is Gross Profit - How to Calculate Gross Profit - Gross Profit
Published: 2016/06/18
Channel: Financial Education
How to calculate Gross Profit (aka Gross Margin)
How to calculate Gross Profit (aka Gross Margin)
Published: 2013/07/11
Channel: Edspira
SAS TV #2 What
SAS TV #2 What's the difference between Gross Profit and Net Profit
Published: 2012/03/15
Channel: SASTVUK
Gross Profit Margin Ratio, Defined and Explained
Gross Profit Margin Ratio, Defined and Explained
Published: 2013/07/12
Channel: Edspira
Understanding Gross Profit
Understanding Gross Profit
Published: 2016/01/08
Channel: United Medical Transportation Providers Group
Business Calculations & Accounting : How to Calculate Gross Profit
Business Calculations & Accounting : How to Calculate Gross Profit
Published: 2009/07/06
Channel: eHow
Why You Don
Why You Don't Hold Gross Profit!
Published: 2016/01/28
Channel: Alan Dickie
The difference between Gross Profit and Net Profit | Business Tips
The difference between Gross Profit and Net Profit | Business Tips
Published: 2016/09/14
Channel: Zlogg Accounting
Gross and operating profit | Stocks and bonds | Finance & Capital Markets | Khan Academy
Gross and operating profit | Stocks and bonds | Finance & Capital Markets | Khan Academy
Published: 2011/04/01
Channel: Khan Academy
Gross Profit Income Statement - Accounting video
Gross Profit Income Statement - Accounting video
Published: 2011/01/02
Channel: Brian Routh TheAccountingDr
Gross Profit Definition - What is Gross Profit?
Gross Profit Definition - What is Gross Profit?
Published: 2017/01/17
Channel: Accounting Instruction, Help, & How To
Gross Margin and Gross Margin Percentage Explained
Gross Margin and Gross Margin Percentage Explained
Published: 2015/08/25
Channel: BizOwner Training
Money Math Minute-Gross Profit and Net Profit
Money Math Minute-Gross Profit and Net Profit
Published: 2014/10/21
Channel: Coach Bill Gilliland
1A Ch 6 Gross Profit FIFO
1A Ch 6 Gross Profit FIFO
Published: 2012/10/09
Channel: Chip Stearns
Gross Margin Ratio | Analysis | Calculation - My Accounting Course
Gross Margin Ratio | Analysis | Calculation - My Accounting Course
Published: 2013/08/17
Channel: My Accounting Course
How To Calculate Gross Profit In Excel
How To Calculate Gross Profit In Excel
Published: 2015/10/12
Channel: Activia Training
Gross Profit Method To Determine Ending Inventory (Also Called Gross Margin Method)
Gross Profit Method To Determine Ending Inventory (Also Called Gross Margin Method)
Published: 2012/11/20
Channel: Allen Mursau
Retail Tip: Gross Profit Margin
Retail Tip: Gross Profit Margin
Published: 2011/09/08
Channel: cbclearningcenter
Gross Profit & Gross Profit Margin on the Income Statement
Gross Profit & Gross Profit Margin on the Income Statement
Published: 2012/04/08
Channel: Perfect Stock Alert
Net Profit v Gross Profit
Net Profit v Gross Profit
Published: 2017/08/09
Channel: Annette & Co Chartered Accountants
Gross profit Meaning
Gross profit Meaning
Published: 2015/05/01
Channel: ADictionary
How To Compute Gross Profit
How To Compute Gross Profit
Published: 2011/04/06
Channel: Two-Point-Four
Math in Daily Life : How to Calculate Gross Profit Margin
Math in Daily Life : How to Calculate Gross Profit Margin
Published: 2008/11/21
Channel: eHow
Income Statement, Cont
Income Statement, Cont'd: Cost of Goods Sold, Gross Profit, Expenses
Published: 2013/06/09
Channel: Alex Glassey
Profitability Ratios Tutorial 4 : The Gross Profit Ratio Part 1
Profitability Ratios Tutorial 4 : The Gross Profit Ratio Part 1
Published: 2015/03/19
Channel: Macs Finance
Why is gross profit so important? Client Question- David C Barnett- Small Business Analysis
Why is gross profit so important? Client Question- David C Barnett- Small Business Analysis
Published: 2016/04/24
Channel: David Barnett
What is Gross Profit
What is Gross Profit
Published: 2014/08/20
Channel: Hilosoft
Turnover, Gross Profit, Net Profit, EBITDA and EBIT
Turnover, Gross Profit, Net Profit, EBITDA and EBIT
Published: 2013/11/28
Channel: Quentin Pain
12. Assigning Costs to Inventory Using the Gross Profit Method
12. Assigning Costs to Inventory Using the Gross Profit Method
Published: 2012/06/16
Channel: Red River College - Tutoring
How To Calculate Gross Profit Margin?
How To Calculate Gross Profit Margin?
Published: 2016/06/05
Channel: Patel Vidhu
Gross Profit Equation (Calculating Gross Profit Percentage, Selling Price Vs Cost Markup)
Gross Profit Equation (Calculating Gross Profit Percentage, Selling Price Vs Cost Markup)
Published: 2012/11/21
Channel: Allen Mursau
How to Calculate Your Gross Profit Margin Percentage
How to Calculate Your Gross Profit Margin Percentage
Published: 2016/07/16
Channel: Rob Warlow
Net Sales & Gross Profit
Net Sales & Gross Profit
Published: 2016/01/22
Channel: Bean Counter
Excel  2013 Tutorial - How to Calculate Gross Profit Margin and Gross Profit Margin Percent
Excel 2013 Tutorial - How to Calculate Gross Profit Margin and Gross Profit Margin Percent
Published: 2015/10/04
Channel: Excel Tutorial
Income Statement Merchandising Operations (Net Sales, Gross Profit, Net Income)
Income Statement Merchandising Operations (Net Sales, Gross Profit, Net Income)
Published: 2012/09/08
Channel: Allen Mursau
Investopedia Video: Gross Margin
Investopedia Video: Gross Margin
Published: 2013/10/25
Channel: Investopedia
How to Quote Landscaping Jobs - 50% Gross Profit  Margin - CSA
How to Quote Landscaping Jobs - 50% Gross Profit Margin - CSA
Published: 2016/06/19
Channel: Landscaping Employee Trap & Window Cleaning
What Is Gross Profit And How To Calculate A Good Percentage
What Is Gross Profit And How To Calculate A Good Percentage
Published: 2016/06/12
Channel: BAChefUK
Gross Profit Margins and Investors 101
Gross Profit Margins and Investors 101
Published: 2016/02/25
Channel: Start on Purpose
P & l without Gross Profit in Tally in Hindi
P & l without Gross Profit in Tally in Hindi
Published: 2017/08/27
Channel: Rajiv Mishra
Gross Profit Ratio Definition - What is gross profit ratio
Gross Profit Ratio Definition - What is gross profit ratio
Published: 2017/01/18
Channel: Accounting Instruction, Help, & How To
Gross Profit Margins
Gross Profit Margins
Published: 2016/09/05
Channel: SmartBooks Online
Income Statement; Gross Profit Percent; Inventory Turnover - Accounting video
Income Statement; Gross Profit Percent; Inventory Turnover - Accounting video
Published: 2011/01/04
Channel: Brian Routh TheAccountingDr
Intermediate Accounting 32 Deferred Gross Profit,  Installment Sales
Intermediate Accounting 32 Deferred Gross Profit, Installment Sales
Published: 2012/03/06
Channel: AccountingED
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)
Published: 2013/06/05
Channel: Allen Mursau
Analyse gross profit in SAP Business one sales order
Analyse gross profit in SAP Business one sales order
Published: 2016/07/13
Channel: Emerging Alliance - SAP Business One ERP Partners in UAE | India
Excel Magic Trick 1350: Formulas in PivotTables For Gross Profit & Percentage of Gross Profit
Excel Magic Trick 1350: Formulas in PivotTables For Gross Profit & Percentage of Gross Profit
Published: 2016/11/26
Channel: ExcelIsFun
Gross Profit Analysis
Gross Profit Analysis
Published: 2017/02/24
Channel: berardipeter
Perpetual inventory, merchandiser, financial statements, gross profit percentage Ch 5
Perpetual inventory, merchandiser, financial statements, gross profit percentage Ch 5
Published: 2013/11/01
Channel: Farhat's Accounting Lectures
Video 26: Gross Profit On Products | The Hospitality Coach | How To Start A Coffee Shop
Video 26: Gross Profit On Products | The Hospitality Coach | How To Start A Coffee Shop
Published: 2017/01/22
Channel: The Hospitality Coach
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WIKIPEDIA ARTICLE

From Wikipedia, the free encyclopedia
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In accounting, gross profit, gross margin, sales profit, or credit sales is the difference between revenue and the cost of making a product or providing a service, before deducting overheads, payroll, taxation, and interest payments. This is different from operating profit (earnings before interest and taxes). Gross margin is the term normally used in the U.S.,[1] 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] × 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. 

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