Match the following profit measures to their definitions.
a) Gross profit. Choose...
i) A comparative indicator of profit in relation to sales value.
ii) Gross profit less all operating expenses but not interest and taxes.
iii) A measure of company performance after deducting operating expenses and interest but
not taxes.
iv) A simple measure of profit obtained from the sale of goods and services. Also referred to
as sales profit.
b) Net profit. Choose...
i) A comparative indicator of profit in relation to sales value.
ii) Gross profit less all operating expenses but not interest and taxes.
iii) A measure of company performance after deducting operating expenses and interest but
not taxes.
iv) A simple measure of profit obtained from the sale of goods and services. Also referred to
as sales profit.
c) Operating profit. Choose...
i) A comparative indicator of profit in relation to sales value.
ii) Gross profit less all operating expenses but not interest and taxes.
iii) A measure of company performance after deducting operating expenses and interest but
not taxes.
iv) A simple measure of profit obtained from the sale of goods and services. Also referred to
as sales profit.
d) Profit margin. Choose...
i) A comparative indicator of profit in relation to sales value.
ii) Gross profit less all operating expenses but not interest and taxes.
iii) A measure of company performance after deducting operating expenses and interest but
not taxes.
iv) A simple measure of profit obtained from the sale of goods and services. Also referred to
as sales profit.
a. iIv – Correct. A simple measure of profit obtained from the sale of goods and services. Also
referred to as sales profit.
b. Iiii – Correct. A measure of company performance after deducting operating expenses and
interest but not taxes.
c. Iii – Correct. Gross profit less all operating expenses but not interest and taxes.
d. Ii – Correct. A comparative indicator of profit in relation to sales value.
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A. symbol B. language C. story D. ritual