What does the term gross profit mean? - ProProfs Discuss
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What does the term gross profit mean?



A. Profit that has been made by selling a product a little more than what the company actually paid
B. Total annual profit that was made by selling products
C. Profit that the company lost during selling the products

This question is part of PTCB Practice Test 5
Asked by Diva on Jul 05, 2017

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1 Answer

John Smith

John Smith

Answered on Jul 05, 2017

Profit that has been made by selling a product a little more than what the company actually paid
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