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HOW TO PRONOUNCE

Gross Profit

American English · Video pronunciation

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American Pronunciation Guide · 0:39
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What does Gross Profit mean?

noun

  1. The difference between net sales and the cost of goods sold.

Definitions regrouped for readability · CC BY-SA 4.0

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What is called gross profit, comprehends frequently not only this surplus, but what is retained for compensating such extraordinary losses.
Adam SmithAn Inquiry into the Nature and Causes of the Wealth of NationsProject Gutenberg ebook #3300