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Gross and Net
Gross refers to the total and Net refers to the part of the total that really matters.
Gross vs Net Income
In accounting, for a P&L (profit and loss statement, Gross profit, or Gross income, or Gross operating profit is the difference between revenue and the cost of making a product or providing a service, before deducting overheads,payroll, taxation, and interest payments. Net profit is equal to the gross profit minus overheads minus interest payable plus one off items for a given time period.
Gross Margin vs Net Margin
Gross margin is the ratio of gross profit to revenue. Net margin is the ratio of net profit to revenue.
Gross is the profit from the transaction without deduction. Net is the profit from the transaction after deducting cost of goods and cost of the sale (manpower, taxes, rent, etc.)
Wiki User
∙ 11y ago
Wiki User
∙ 7y agogross is before taxes and net is after taxes and deductions
In the case of a can of peas, Net is the weight of the peas themselves...Gross is the weight of the peas, the fluid and the can itself.
Gross is always the weight including packing...Net is the actuial weight of the article itself.
Gross can also refer to your income. Gross income is the total amount you made. Net the the total amount you made after taxes were deducted.
Wiki User
∙ 12y agoGross densityA units-per-acre density measurement that includes in the calculation, land occupied by public rights-of-way, recreational, civic, commercial and other non-residential uses.Net densityA units-per-acre density measurement that includes in the calculation only land occupied by residential uses. It does not include streets, parks or other uses.
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What's the difference between net sand vs gross sand thickness?
Gross sand is the thickness of the sand top to bottom.Net sand is the number of meters in this sand which has porosity greater than a set cutoff (~7%).Net pay is the number of meters of net sand that has movable oil in it.
How do you convert gross calorific value to net calorific value?
Gross calorific value may be converted to net calorific value by using the following equation- Net calorific value = Gross calorific value - (10.02 x Percent Moisture)
What is the difference between net force and newtons third law?
Net force is the vector sum of all forces on a body. Newtons third law relates net force to change in momentum with time.
How are gross and net primary productivity of a community related?
Gross Primary Productivity- Total amount of chemical energy stored by photosynthesis. Net Primary Productivity- Remaining energy, which is available to the consumers as food.
Equals the gross primary productivity minus the respiration rate of producers?
net
What is the difference between net and gross margin?
Gross margin is Gross income as a percentage of revenue. Net Margin is net income as a percentage of revenue.
What is the difference between gross pay and net after tax incomes?
The difference between gross pay and net pay is that gross pay is the amount that you receive before tax deductions and pay net is the money you take home after all the tax deductions
What is the difference between gross payment and net payment?
Gross = Before TaxesNet= After Taxes
Difference between gross income and net income?
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What is the difference between gross private domestic investment and net private domestic investment?
is net invesment = gross investment - depreciation
What is the difference between short net ton and a long gross ton?
well there is no difference
What is the difference in Net and gross pricing in construction?
What is the difference in Net and gross pricing in construction?
What is the difference between gross and net interest in your savings?
what is your dads name
What is the difference between gross and net in oil?
As far as my knowledge goes, the difference between net and gross values is that the gross value is the value before deductions, while net is basically after deductions from your gross value. Hope it helps!
What is the difference between a gross and net withdrawal from a fund?
The difference between a gross and net withdrawal from a fund has to do with how much money you will receive. The gross withdrawal is the amount taken out of your fund which includes fees that you will not get to keep, the net withdrawal is the amount you receive after the bank's fees and any others are taken out.
What is the difference between gross complements and net complements in economics?
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What called The difference between net sales and cost of goods sold divided by net sales?
1. Net sales - cost of goods sold = Gross profit Gross profit / Net sales = Gross profit ratio
