gross profit definition

glossary: gross profit  definition

Glossary: gross profit



Gross Profit is revenue minus the cost of raw materials used to manufacture the items that were sold; or Revenue minus the cost of buying items for re-sale. Gross Profit is calculated for each individual item sold and for the business as a whole.

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Definition: gross profit

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Glossary: gross profit business plan definition - 2001-2003 HJ Ventures International, Inc.