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Gross Margin or Gross Profit . #GrossMargin #GrossProfit #grossLoss

  • The excess of the proceeds of goods sold and services rendered during a period over their cost, BEFORE taking into account administration, selling, distribution and financing expenses.
  • When the result of this computation is negative it is referred to as gross loss.

Image result for Gross Margin or Gross Profit MEANING accounts

Image result for Gross Margin or Gross Profit MEANING accounts

Image result for Gross Margin or Gross Profit MEANING accounts

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