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Gross profit refers to revenue minus non-fixed costs. Net profit refers to gross profit minus fixed costs (e.g rent). Revenue is how much you take in before co
by tylerhou 7y ago
Gross profit refers to revenue minus non-fixed costs. Net profit refers to gross profit minus fixed costs (e.g rent).
Revenue is how much you take in before costs. An analogy of revenue is how much money your employer pays you — before you deduct taxes, food, rent, etc.
- Balgair 7y agoThank you!