profit Flashcards
1
Q
gross profit
A
revenue - cost of sales
2
Q
operating profit
A
gp- other operating expenses
3
Q
net profit
A
operating profit- interest
4
Q
gp margin
A
gross profit/ revenue x 100
5
Q
op margin
A
op/revenue x 100
6
Q
np margin
A
np/revenue x 100
7
Q
cost of sales
A
costs that vary with output
8
Q
difference between profit and cash
A
profit is revenue - costs
cash is money to pay daily bills
