Home > Terms > English, UK (UE) > Gross profit method

Gross profit method

An approach to estimating inventory at an interim period The approach is not allowed for year-end purposes or for tax reporting purposes A physical inventory must be made

This is auto-generated content. You can help to improve it.
0
  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Accounting
  • Category: Tax
  • Company:
  • Product:
  • Acronym-Abbreviation:
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Automotive Category: Automobile

Superbus

A 15ft-long, six-wheeled, Aerodynamic and luxurious vehicle, the Superbus can carry 23 passengers and reach speeds of up to 155mph (255kph), although ...

Contributor

Featured blossaries

Weather

Category: Geography   2 17 Terms

Shoes

Category: Fashion   2 12 Terms