Total Revenue Equals Gross Profit
Revenue equals gross income but not net income.
Total revenue equals gross profit. Gross profit 4 33 billion total revenue of 12 50b cogs of 8 17b operating profit 116 million minus all other fixed and variable expenses associated with operating the business such. Net income the basis for calculations estimates and projections business leaders use the phrase net income when referring to a company s total profits after they ve taken all expenses into account. To obtain the gross profit margin we divide the gross profit by total revenues for a margin of 25 216 151 800 16 61.
Source : pinterest.com