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 ...

Gross Profit vs. Net Profit: What Is the Difference? Your email has been sent A business’s health is measured differently depending on which costs are considered. Gross profit paints a different ...

Your gross profits figure is the total of your sales minus the cost of goods sold and your marketing expenses. Cost of goods includes only the actual prices paid for inventory, not interest, overhead, ...