1. Know the difference between gross and net profit

2. Know the difference between retained and distributed profit


Gross profit- sales rev-cost of sales

Net profit- gross profit- all expenses (overheads)


Gross profit:

Team a- 50,000-10,000= $40,000 gross profit 


Team b- 20,000-100,000= $100,000 gross profit


Team c- 150,000- 100,000= $50,000 gross profit

Net profit:

40,000+100,000+50,000= 190,000- 100,000= 90,000

What do we do with our profit?


Distributed profit- dividends

HideShow resource information
  • Created by: dansydes
  • Created on: 14-12-11 18:48

1 of 1


Anisa -Team GR

This is just a blank !

contains no context of writting! 

Similar Business Studies resources:

See all Business Studies resources »See all Finance resources »