That would depend on how much you sell...
The Sales Gross is the total mount of income for the selling of a product(s) or services before taxes
after gross profit
Selling and administration expenses are found under income statement after gross profit section and for the calculation of net profit
Gross income.
net income is gross income less expenses
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 in normally higher then net income unless there is other income then normal business operations then net income may be higher then gross income.
The total of all of your GROSS WORLDWIDE INCOME would be your GROSS INCOME that will be reported on your 1040 federal income tax return. That is every amount that is income to you for the tax year.
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.
Another word for gross income is taxable income. This is the income before taxes are taking out.
You pay tax on your adjusted gross income. This is not quite the same thing as gross income, but it's definitely not net either.
the gross monthly income for a politician is $6300