How to Calculate Gross Profit: Formula & Examples | Fundera
https://www.fundera.com/blog/how-to-find-gross-profit
WebSep 26, 2020 · Simply put, gross profit is a business’s total sales, less the cost of goods sold. Seems easy enough, right? It can be. But, how do you calculate gross profit exactly? That’s where the gross profit formula comes in. What Is the Gross Profit Formula? The equation for calculating gross profit is simple: Sales – Cost of Goods Sold = Gross Profit.
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