09:37 Aug 30, 2023 |
Flemish to English translations [PRO] Bus/Financial - Accounting / Income statement (Resultatenrekening) | |||||||
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| Selected response from: Michael Beijer United Kingdom Local time: 12:14 | ||||||
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4 | gross profit |
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Refs |
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Discussion entries: 1 | |
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gross profit Explanation: see my Ref comment -------------------------------------------------- Note added at 1 hr (2023-08-30 10:40:46 GMT) -------------------------------------------------- The term gross profit margin refers to a financial metric that analysts use to assess a company's financial health. Gross profit margin is the profit after subtracting the cost of goods sold (COGS). Put simply, a company's gross profit margin is the money it makes after accounting for the cost of doing business. This metric is commonly expressed as a percentage of sales and may also be known as the gross margin ratio. […] Gross profit is the total profit a company makes after deducting the cost of doing business. Put simply, gross profit is a company's total sales or revenue minus its COGS. This figure is expressed as a dollar value. Gross profit margin, on the other hand, is the profit a company makes expressed as a percentage using the formula above. (https://www.investopedia.com/terms/g/gross_profit_margin.asp ) -------------------------------------------------- Note added at 1 hr (2023-08-30 10:41:12 GMT) -------------------------------------------------- "Gross margin" is often used interchangeably with "gross profit", however the terms are different: "gross profit" is technically an absolute monetary amount and "gross margin" is technically a percentage or ratio. (https://en.wikipedia.org/wiki/Gross_margin ) -------------------------------------------------- Note added at 1 hr (2023-08-30 10:41:35 GMT) -------------------------------------------------- FELOline.nl: brutomarge = • gross profit • gross margin Example sentence(s):
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Reference: Refs Reference information: FELOline.nl: brutomarge = gross profit gross margin -------------------------------------------------- Note added at 59 mins (2023-08-30 10:37:15 GMT) -------------------------------------------------- "Gross margin" is often used interchangeably with "gross profit", however the terms are different: "gross profit" is technically an absolute monetary amount and "gross margin" is technically a percentage or ratio. https://en.wikipedia.org/wiki/Gross_margin |
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