2 ms·
Doesn't "profit" of any kind have stuff subtracted out? Yes it does: https://www.investopedia.com/terms/g/grossprofit.asp https://www.investopedia.com/terms/g
by cardiffspaceman 4y ago
Doesn't "profit" of any kind have stuff subtracted out?
Yes it does:
https://www.investopedia.com/terms/g/grossprofit.asp https://www.investopedia.com/terms/g/grossprofit.asp
Sales commissions, direct labor that varies with output, to name a few.
I appreciate that you provided your favorite metric, but gross profit is affected by wages, so it is on point as far as I'm concerned.