41000
Gross.
Rent based on a percentage rent.
Gross income. It doesn't make sense if it is based on a net income (adjusted for expenses) since it measures how much of debt is paid out of your income.
In golf tournaments, gross prizes are awarded based on the player's actual stroke score without any handicap adjustments. Net prizes, on the other hand, are determined by subtracting the player's handicap from their gross score to calculate a net score. The players with the lowest net scores are then awarded the net prizes.
Gross margin is Gross income as a percentage of revenue. Net Margin is net income as a percentage of revenue.
What is the difference in Net and gross pricing in construction?
Gross price-expenses=net price
gross
Gross.
Gross income. But for personal reference, basing it on net income could give yourself a clearer picture. For e.g. Income after deducting tax.
net income is gross income less expenses
Net Income = Sales - Gross profit Gross Profit - Cost of Production = Net Income