Why do you think we have only mentioned gross profit and haven't referred to net profit?

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Frank Woods Business Accounting Volume 1

ISBN: 9781292084664

13th Edition

Authors: Alan Sangster, Frank Wood

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Question Posted: Mar 28, 2024 03:23 AM

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Why do you think we have only mentioned gross profit and haven't referred to net profit?

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Indirect costs and fixed costs Net profit includes them Unlike a manufacturing company in a trading ...View the full answer

Frank Woods Business Accounting Volume 1

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