Need for gross profit

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na
49 Points Posted on 01 July 2012

what is the need of finding GROSS PROFIT.. when the ultimate thing for which stakeholder looks for is NET PROFIT??

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On 01 July 2012 at 13:09 Report
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B.Com CA Final
657 Points Posted on 01 July 2012

Gross profit indicates whether the business is capable of earning profit or not.

Net profit indicates the ultimate result of the business.

 

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On 01 July 2012 at 13:43

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