Gross Profit Assignment Help

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Gross Profit:

The difference between net sales and cost of goods sold is called gross profit or gross margin. Gross profit is the first step of profit measurement on the multi step income statement and is a key analytical tool in assessing a firm's operating performance. The gross profit figure indicates how much profit the firm is generating after deducting the cost of products sold. The gross profit figure for Infosys Technologies has shown a growth of Rs.936 crore in the year 2005-06 when compared to the previous year.     

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