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Home / Questions / Q 3682
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What is the term applied to the excess of net revenue from sales over the cost of merchandise sold?

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Asked: In: gross profit, net income
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    1 Answer

    1. MMO Panel

      MMO Panel

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      Added an answer on July 28, 2020 at 10:12 PM

      Gross Profit = net revenue from sales – cost of merchandise sold

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