Gross operating expense is the cost something needs to be operated without tax or other contributions being deducted.
Gross profit is the amount of profit in dollars...gross margin is the % profit to expenses
Your gross turnover is how much money you have made before you subtract or take out your expenses. Once the expenses are deducted, this will give you your income.
Formula for calculating Gross operating expenses and net expenses in Corporations?
Gross profit and operating profits are two different values as gross profit only cater direct expenses to produce goods while operating profit is calculated after deducting indirect expenses and selling and administration overall called operational expenses to arrive at operating profitExample:Sales xxxxLess:Purchases xxxxGross Profit xxxxLess:Selling Expenses xxxxAdmin Expenses xxxxother expenses xxxxOperating Profit xxxxxIf there is no selling, admin or other expenses then gross profit and operating profit will be same.
Gross price-expenses=net price
expenses/gross Just divide expenses into gross.
Operating expenses.
Your gross turnover is how much money you have made before you subtract or take out your expenses. Once the expenses are deducted, this will give you your income.
Gross profit is the amount of profit in dollars...gross margin is the % profit to expenses
Formula for calculating Gross operating expenses and net expenses in Corporations?
Gross profit - adminstrative expenses - markiting and selling expenses
Gross profit and operating profits are two different values as gross profit only cater direct expenses to produce goods while operating profit is calculated after deducting indirect expenses and selling and administration overall called operational expenses to arrive at operating profitExample:Sales xxxxLess:Purchases xxxxGross Profit xxxxLess:Selling Expenses xxxxAdmin Expenses xxxxother expenses xxxxOperating Profit xxxxxIf there is no selling, admin or other expenses then gross profit and operating profit will be same.
Gross price-expenses=net price
gross profit
Yes, gross profit minus expenses equal to net income as proved by following: Sales xxxx less: Cost of sales xxxx Gross profit xxxx Less: Admin & Selling expenses xxxx Other expenses xxxx Net Income xxxx
gross income less expenses
Profit before expenses