Ask your own question, for FREE!
Finance 18 Online
Warriorz13:

Is gross profit or net profit more important to consider when you're deciding how successful and profitable a company is? Why? Explain. (1-3 sentences.

Warriorz13:

@CC12

CC12:

Net profit is more important than gross profit because if your net profit was zero then your copany would still be sucessful. Net profit is more important because it accounts for all the costs associated with selling and making the product. It also includes the operating expenses that are excluded from the gross profit. Net profit is the money you have left from all the expences from your business.

Warriorz13:

Thank you! :)

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!