Gross profit and gross earnings

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November 20, 2020 at 4:47 am #595691
nuhamustafar
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What is the difference between gross profit and gross earnings? Help im having trouble to understand the differences
November 21, 2020 at 5:46 am #595842
P2-D2
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Gross profit is the profit from trading, i.e. revenue less cost of sales.

Gross earning will be the profit for the year, the figure at the bottom of the statement of profit or loss.
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