Gross income

Pre-tax Net sales minus Cost of sales. also called Gross profit.

Related Terms: 8 Cost of sales, Call, Gross profit, Net, Net sales, Profit, Sales, Tax

Other Related Pages: Category: Accounting Starting With: G

Additional Related Terms: Accelerated Cost Recovery System, Acquisition cost, Accrual of discount, After-tax basis, Amortization of premium, All or any part, At call, Accumulated earnings tax, All-risks coverage, Abstract of title