Thread: Obama wants to "Spread the Wealth Around"

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Old 10-26-08, 01:27 AM
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Bluffing024 Bluffing024 is offline
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I believe business tax is on "Gross Profit" which is...

Quote:
Gross profit = Net sales – Cost of goods sold

Gross profit should not be confused with net income:

Net income = Gross profit – Total operating expenses
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