Revenues minus the cost of goods sold is called:

Name: Revenues minus the cost of goods sold is called:
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Revenues minus the cost of goods sold is called gross profit. This is different from net profit because it does not include all expenses, such as operating expenses and taxes. Gross profit is important because it shows the profitability of the products or services that a company is selling before taking into account other expenses.

Revenues Minus the Cost of Goods Sold Is Called