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Gross Profit is the difference between:

(a) Net Sales and Cost of goods sold

(b) PAT and Dividends

(c) Net Sales and Cost of production

(d) Net Sales and Direct costs of productions

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Question added by Shamseer KM , HR Payroll Officer , Al Darwish Engineering W.L.L
Date Posted: 2015/03/23
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option >>>>>>>>>>>> (a) Net Sales and Cost of goods sold

Muhammad Sabith
by Muhammad Sabith , Accountant , SIMORA

(a) Net Sales and Cost of goods sold

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

answer A is the correct answer 

thanks 

 

ahmed aldhurafi
by ahmed aldhurafi , مراجع داخلي ومراقب مالي , شركة تأمين

 Gross Profit is the difference between Net Sales and Cost of goods sold

Muhammad Ramzan Tufail  ACCA
by Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group

(A) is the Correct Ans.

 

G.P = Net Sale - COGS

Gross Profit = Sales - Cost of goods sold

Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

(a) Net Sales and Cost of goods sold<<<>>>

Anas  Dawah
by Anas Dawah , Senior Internal Auditor , Talal Abu-Ghazaleh Global (TAGI)

A- net sales - C.G.S

samin sunny
by samin sunny , Senior Finance & Accounts Officer , Fish Farm LLC

answer is A, net sales and cost of goods sold is gross profit

Answer is

>>A)Net sales and cost of goods sold

Mohammed Shahid Ullah
by Mohammed Shahid Ullah , Executive Director (Finance) , Coal Power Generation Company Bangladesh Limited

Gross Profit is the difference between the Net sales and Cost of Production. Gross profit shows the business profit on trading period.

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