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gross income
by 趙永祥 2015-09-05 07:15:00, 回應(0), 人氣(928)


The amount by which sales revenue exceeds production costs (cost of sales). Though operating ...
BusinessDictionary.com
TERM OF THE DAYSEPTEMBER 4, 2015
gross income
f   t

The amount by which sales revenue exceeds production costs (cost of sales).

Though operating income gives a more accurate picture of a company's profitability, gross income provides a top-line view of a company's production or (in case of a merchant) sales related cost structure. It is ameasure of how well (or badly) a company is utilizing its capital, capacity, and other resources, and

... Read more

USAGE EXAMPLE
The company's gross income grew considerably this year because our sales showed dramatic improvement while our production costs did not increase.
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