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Tag: ebit

  • Turnover, Gross Profit, Net Profit, EBITDA and EBIT

    Turnover, Gross Profit, Net Profit, EBITDA and EBIT

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    by

    Quentin Pain
    in

    Knowing the difference between gross profit and net profit matters for 2 main reasons: And that’s because it records the difference between your sales and what is costs you directly to make those sales. That difference represents your sales margin or markup. It is the first indicator of profitability in a business. A while back…