what is the difference between gross value and net value?
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The term gross refers to the total amount made as a result of some activity. It can refer to things such as total profit or total sales. Net (or Nett) refers to the amount left over after all deductions are made. Once the net value is attained, nothing further is subtracted.
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The difference between your company's top and bottom line is the difference between net revenue and net income. Net income is profit or what's left over after you pay all expenses and account for all gains, losses, taxes, and other obligations. Net revenue is money earned from doing your core business.
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GNP (Gross National Product) = GDP + net property income from abroad. This net income from abroad includes dividends, interest and profit. GNI (Gross National Income) = (similar to GNP) includes the value of all goods and services produced by nationals – whether in the country or not.
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National accounts Thus gross value added is equal to net output. Net value added is obtained by deducting consumption of fixed capital (or depreciation charges) from gross value added. Net value added therefore equals gross wages, pre-tax profits net of depreciation, and indirect taxes less subsidies.
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Gross pay is the amount of money your employees receive before any taxes and deductions are taken out. ... Net pay is the amount of money your employees take home after all deductions have been taken out.
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An insurance policy's net premium value differs from the policy's gross premium value, which does take into account future expenses. The calculated difference between net premium and gross premium equals the expected PV of expense loadings, minus the expected PV of future expenses.
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Total equity represents working capital, while net asset value represents a company's true monetary worth. Investors typically use net asset value to determine whether the company is a solid investment.
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Net debt is the book value of a company's gross debt less any cash and cash-like assets on the balance sheet. Gross debt, on the other hand, is simply the total of the book value of a company's debt obligations.
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The term gross and net comes into play even in the field of entertainment, Gross box office collection refers to the collective sum of the ticket value sold at the counter, while net box office collection refers to the gross box office collection, minus the entertainment tax.
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Gross pay is the amount of money your employees receive before any taxes and deductions are taken out. ... Net pay is the amount of money your employees take home after all deductions have been taken out. This is the money they actually get on payday.
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The net price is the result of the net value divided by the order quantity, i.e its the price of each unit of ordered quantity in a line item of sales order and Net value is the total cost of the quantity order in a order line item.
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GNP and GDP both reflect the national output and income of an economy. The main difference is that GNP (Gross National Product) takes into account net income receipts from abroad. GDP (Gross Domestic Product) is a measure of (national income = national output = national expenditure) produced in a particular country.
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Gross profit is your company's profit before subtracting expenses. Net profit is your business's revenue after subtracting all operating, interest, and tax expenses, in addition to deducting your COGS.
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In short, gross income is an intermediate earnings figure before all expenses are included, and net income is the final amount of profit or loss after all expenses are included. For example, a business has sales of $1,000,000, cost of goods sold of $600,000, and selling expenses of $250,000.
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Answer and Explanation: Gross pay is the amount of money you earn before any taxes or deductions. Net pay is the actual amount you are paid after these deductions have been...
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Gross income and net income can mean different things depending on the situation. In general, gross income is the total income you earn on your paycheck, and net income is the amount you receive after deductions are taken out.
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Gross profit margin is shown as a percentage while gross profit is an absolute dollar amount. The gross profit is the absolute dollar amount of revenue that a company generates beyond its direct production costs. Thus, an alternate rendering of the gross margin equation becomes gross profit divided by total revenues.