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

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

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Anisa -Team GR


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