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Net profit
The difference between gross profit and the cost of doing business. Commonly expressed as a percentage of sales. The dollar amount that remains after goods are sold and all costs are subtracted. Usually reported two ways by corporations: before and after taxes.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Retail
- Category: Supermarkets
- Company: FMI
- Product:
- Acronym-Abbreviation:
Other Languages:
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