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Gross Profit
Gross Profit is a company's residual profit after selling a product or service and deducting the cost associated with its production and sale.
Expert answered|jher000|Points 8041|
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Asked 4/4/2013 4:18:56 PM
Updated 1/5/2015 12:42:24 PM
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This answer has been confirmed as correct and helpful.
Edited by yumdrea [1/5/2015 12:42:23 PM], Confirmed by yumdrea [1/5/2015 12:42:24 PM]
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Special discounts from list prices, granted by manufacturers to different classes of customers, are known as: trade discounts.
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1 Answer/Comment

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