What term is used for the positive gain from a business operation after all of the expenses have been subtracted?

Question

Quizplus · Accepted Answer

Profit is the term used for the positive gain from a business operation after all of the expenses have been subtracted. Gross margin refers to the amount of revenue that remains after deducting the cost of goods sold, while total sales and revenue refer to the total amount of money generated by a business before deducting expenses. Earnings is a broader term that can refer to different types of income, including wages, salaries, and profits.

What Term Is Used for the Positive Gain from a Business