Net Profit is gross profit, less selling costs and administrative overhead. It’s the profit remaining in a business after all expenses have been taken out, but before taxation. Net Profit is a subset of a company’ Gross Profit

See also Net profit – Wikipedia, the free encyclopedia

J. Jerrald Hayes
I am ex-architectural woodworker and general contractor turned IT, Business and Project Management consultant, software developer wannabe senior division triathlete and ski racer, Yankee fan and founder of Paradigm-360.com, 360 Difference Mac4Construction.com,iOS4Construction.com and now TheBuildingAndRemodelingWiki.com too.
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