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Question about gross profit
  •   isdquit [1281702]isdquit [1281702]
    • isdquit [1281702]
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    Thread created on 13:30:44 - 16/08/14 (4 month ago)
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    Last replied 20:18:03 - 16/08/14 (4 month ago)
    Does the gross profit of companies subtract the employees salary and advertisement costs ??
  •   Tarelli [1060371]Tarelli [1060371]
    • Tarelli [1060371]
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    Posted to on 20:18:03 - 16/08/14 (4 month ago)
    No by description. Gross profit is total income from sales, net profit is whats left after deductions.

    In torn you have to work your own net profit out, I do this on a weekly basis by taking all money out of my company except staff wage requirement. (rounded to 5m for simplicity) Then a week later any money over this figure is my weekly net profit.