What is the formula of gross …

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Posted by Himanshu Sharma 6 years, 11 months ago
- 3 answers
Chetna Singh 6 years, 11 months ago
Gaurav Seth 6 years, 11 months ago
In order to calculate gross profit, you must have two important figures. First, you must have the amount of net sales for a given time period. Second, you must have the amount for cost of goods sold (COGS).
The formula for calculating gross profit is:
Gross Profit = Net Sales - Cost of Goods Sold
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Chetna Singh 6 years, 11 months ago
0Thank You