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).
The difference between gross pay and net pay is that gross pay is the amount that you receive before tax deductions and pay net is the money you take home after all the tax deductions
Gross = Before TaxesNet= After Taxes
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what is your dads name
Gross working capital is the amount company invested in current assets while net working capital is the difference between current assets and current liabilities.
Gross margin is Gross income as a percentage of revenue. Net Margin is net income as a percentage of revenue.
The difference between gross pay and net pay is that gross pay is the amount that you receive before tax deductions and pay net is the money you take home after all the tax deductions
Gross = Before TaxesNet= After Taxes
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is net invesment = gross investment - depreciation
well there is no difference
What is the difference in Net and gross pricing in construction?
what is your dads name
As far as my knowledge goes, the difference between net and gross values is that the gross value is the value before deductions, while net is basically after deductions from your gross value. Hope it helps!
The difference between a gross and net withdrawal from a fund has to do with how much money you will receive. The gross withdrawal is the amount taken out of your fund which includes fees that you will not get to keep, the net withdrawal is the amount you receive after the bank's fees and any others are taken out.
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1. Net sales - cost of goods sold = Gross profit Gross profit / Net sales = Gross profit ratio