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Gross_profit - w 1/2(W Gross profit From Wikipedia the free...

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Accountancy Key concepts Accountant uni00B7 Bookkeeping uni00B7 Trial balance uni00B7 General ledger uni00B7 Debits and credits uni00B7 Cost of goods sold uni00B7 Double-entry system uni00B7 Standard practices uni00B7 Cash and accrual basis uni00B7 GAAP / IFRS Fields of accounting Cost uni00B7 Financial uni00B7 Forensic uni00B7 Fund uni00B7 Management uni00B7 Tax Financial statements Balance sheet uni00B7 Income statement uni00B7 Cash flow statement uni00B7 Equity uni00B7 Retained earnings Auditing Financial audit uni00B7 GAAS uni00B7 Internal audit uni00B7 Sarbanes –Oxley Act Professional Accountants CPA uni00B7 Chartered Accountant uni00B7 CGA uni00B7 CMA Gross profit From Wikipedia, the free encyclopedia In accounting, gross profit or sales profit is the difference between revenue and the cost of making a product or providing a service, before deducting overhead, payroll, taxation, and interest payments. Note that this is different from operating profit (earnings before interest and taxes).
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