Gross profit margin is a ratio that measures the percentage of revenue left after subtracting production costs. By indicating the profitability of a company's core business operations, gross profit ...

On financial statements, the terms profit and income are interchangeable. Gross profit, or income, and operating income, or profit, are very closely related, but distinct financial measurements. A ...

A company determines its gross profit by taking its sales revenue, and then subtracting the cost it paid to obtain the goods it sold. For example, if it cost a bookstore $7 to obtain a book from a ...