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Gross sales |
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Gross salesTotal sales calculated by summing all sales at invoice values, neglecting any adjustments such as customer discounts or returns.Gross sales Similar MatchesAdjusted gross income (AGI)Adjusted gross income (AGI)Gross income less allowable adjustments, is the income on which an individual is taxed by the federal government. GrossGrossBefore any deductions, particularly tax deductions. Gross profitGross profitThe difference between (i) turnover and (ii) the cost of making a product or providing a service, before taking into account overheads, salaries and wages, and interest payments.The logical step after calculating gross profit is to go on to calculate the gross profit margin, which is the gross profit as a percentage of turnover.Example: a company has turnover of £10m and the cost of providing its service is £5mits gross profit is £5mits gross profit margin is £5m / £10m x 100 = 50% Gross outputGross outputThe total output of a firm, industry, or economy without deducting intermediate inputs. For a firm or industry, this is larger than its value added which is net of its own intermediate inputs. For an economy, gross output is greater than net output, which deducts the amount of the good itself used as an intermediate input. Gross incomeGross incomeThe total income of a person before deductions. This for example could be a person's salary plus bonuses, plus benefits in kind (e.g.company car and medical insurance) plus income from shares etc. See net income. Further Suggestionsgross rateGross per broker adjusted gross income Gross Income gross interest grossing up Gross profit gross domestic product Gross parity gross margin Gross domestic product (GDP) Gross Weight Adjusted Gross Income Gross income Gross national product Gross domestic product gross yield Gross interest Gross lease gross national product Gross spread Gross Income Multiplier Gross profit margin Gross Lease gross redemption yield |
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