单词 | gross profit |
释义 | gross profitDefinition The difference between revenue and the cost of producing goods or services sold. It is sometimes expressed as a percentage. Use 'gross profit' in a SentenceThe car dealership seemed to have a high gross profit, but when the cost of the vehicles was taken out of the equation the net profit left was much less impressive. When listing our product, we set our list price nearly double what we need in order to have a satisfying gross profit on that product so that our sales reps have room to negotiate. In order to be a successful business, we had to see what out gross profit would be if we implemented the strategies we recently discussed. |
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