Examlex
The Common Core State Standards
Gross Profit
Gross profit is the difference between sales revenue and the cost of goods sold before deducting overheads, interest, taxes, and other expenses.
Net Income
The amount of profit left after all operating expenses, taxes, and interest have been deducted from total revenue.
Income from Continuing Operations
The earnings of a company from its core business operations, excluding one-time income or expenses from discontinued operations.
Total Revenues
The sum of all income generated by a business from its normal operations before any expenses are subtracted.
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