Gross Profit vs Net Profit - Acc 2361, Texas State

in Chapter 13 (Video 3 of 4)

6 minutes

Gross vs Net? What do those words mean? What's the difference between those two "profits"?

This Video Mentioned Some Formulas

Profit Margin = Net Income / Sales Revenue

Sales

– COGS

Gross Profit

Gross Profit Margin = Gross Profit / Sales Revenue

Gross Profit Ratio is the same as Gross Profit Margin

1	Ratios: Working Capital	2:29
2	Ratios: Current Ratio	4:00
3	Gross Profit vs Net Profit You are here.	6:15
4	Profit Margin	3:22

		Click Here to View All Chapter 13 Problems at Once	View
1		Effect on the Current Ratio	Easy