Accounting Textbooks Boundless Accounting Detailed Review of the Income Statement Understanding the Income Statement
Accounting Textbooks Boundless Accounting Detailed Review of the Income Statement
Accounting Textbooks Boundless Accounting
Accounting Textbooks
Accounting
Concept Version 5
Created by Boundless

Cost of Goods Sold and Gross Profit

Cost of Good Sold & Gross Profit

Cost of Good Sold & Gross Profit

Gross profit = Net sales - Cost of goods sold

Source

Related Terms

  • Cost of Goods Sold
  • net income
  • gross profit