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Gross Profit
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2:47
YouTube
Finance Strategists
Gross Profit Definition and Formula | Under 3 Minutes! | Finance Strategists
Gross Profit is a “Profitability Ratio” used by investors, analysts, and company management to show how efficiently a company produces an item. It monitors the manufacturing process by subtracting the cost of production, also known as Cost of Goods Sold, from revenue. A higher gross profit indicates that the company is becoming more ...
5K views
Sep 1, 2021
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