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Which of the following is the main difference between gross profit and net profit? Gross profit includes all expenses, while net profit excludes some expenses Gross profit is the total revenue minus the cost of goods sold while net profit is revenue minus all expens Gross profit represents profit after taxes, while net profit represents profit before taxes Gross profit is the profit before paying employees, while net profit is the profit after paying employees

Problemas

Which of the following is the main difference between gross profit and net profit?
Gross profit includes all expenses, while net profit excludes some expenses
Gross profit is the total revenue minus the cost of goods sold while net profit is revenue minus all expens
Gross profit represents profit after taxes, while net profit represents profit before taxes
Gross profit is the profit before paying employees, while net profit is the profit after paying employees

Which of the following is the main difference between gross profit and net profit? Gross profit includes all expenses, while net profit excludes some expenses Gross profit is the total revenue minus the cost of goods sold while net profit is revenue minus all expens Gross profit represents profit after taxes, while net profit represents profit before taxes Gross profit is the profit before paying employees, while net profit is the profit after paying employees

Solución

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Encarnaciónélite · Tutor durante 8 años
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The main difference between gross profit and net profit is:<br /><br />Gross profit is the total revenue minus the cost of goods sold, while net profit is revenue minus all expenses. <br /><br />Therefore, the correct option is the second one: "Gross profit is the total revenue minus the cost of goods sold while net profit is revenue minus all expenses."
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