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No ... Net pay is what you get to take home after taxes. Gross pay is your salary before taxes.
Wiki User
∙ 7y ago
Wiki User
∙ 12y agoYes. Before deductions it's called gross.
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Is there a way to remember the difference between gross and net?
Just remember the fact that "gross" is german (and also french) for "large" therefore gross is "larger" than net. so in the case of income for example...your gross income is "larger" than your net income (i.e. gross income is before tax). in the case of a can of food, gross weight is "larger" than net weight (i.e. gross is weight of the food+tin+water...net weight is weight of just the food).
Is gross pay more or less than net pay?
Gross, which from a word meaning big, is the bigger one. Net is what's left after deductions in the case of salaries, or operating costs in the case of profits.
Gross profit and net profit?
Gross and Net profit are virtually the same. They both calculate EBT, earnings before taxes - all overhead and salaries.
Is net loss is greater than gross loss?
No
What do you understand by gross cultivated area?
gross cultivated area is the area sown more than once in an aricultural year plus net sown area.
How could net profit be greater than gross profit?
It is impossible for net profit to be greater than gross profit. Gross profit is the income made before any expenses. Net profit is less once all expenses have been deducted.
Is gross income higher than net income?
Gross income in normally higher then net income unless there is other income then normal business operations then net income may be higher then gross income.
What income is higher net income or gross income?
Normally gross income is higher than net income as gross income only includes direct expenses for manufacturing of goods while in net income other administrative expenses are also deducted but even then net income may be high if company has other income which is not related to specific business related activities and this income is also have very significant amount otherwise gross income is normally more than net income.
What is gross thrust in a turbine engine verses net thrust?
Hi there, Gross thrust is the reaction of the momentum of the jet stream produced in a gas turbine engine.If you don't know net thrust,let me tell you.Net thrust is the resultant force acting on the aircraft.Net thrust=Gross thrust-Momentum(Intake)Drag.Don't go deep in momentum drag.When the aircraft with turbine engine,is moving...Gross Thrust is more than net thrust.and when the engine is at the rest,gross thrust=net thrust.Hope you got the answer.....Good luck in your future. Hi there, Gross thrust is the reaction of the momentum of the jet stream produced in a gas turbine engine.If you don't know net thrust,let me tell you.Net thrust is the resultant force acting on the aircraft.Net thrust=Gross thrust-Momentum(Intake)Drag.Don't go deep in momentum drag.When the aircraft with turbine engine,is moving...Gross Thrust is more than net thrust.and when the engine is at the rest,gross thrust=net thrust.Hope you got the answer.....Good luck in your future. Gross thrust, means the thrust when there is not forward momentum of the jet. However, the jet has always the forward speed. When we consider this, we can calculate the net thrust as the gross thrust minus the forward momentum.
Difference between net sown area and gross sown area?
Net Sown area is the total area sown with crops in a country. Area sown more than once is counted once only.Gross sown area is the area sown more than once in an agricultural year plus net sown area.
Is net pay more than gross pay?
No. Gross pay is your total pay, before any taxes, fines, insurance, child support etc. are taken out. Net pay is what you receive after those items have been deducted.
Are taxes deducted from gross income or net income?
Gross income is generally your total income. Net income is what you actually end up with to pay your bills. Gross income minus taxes & other deductions (such as disability insurance) equals net income.
