ACC 240 Topic 4 DQ 1
Topic 4 Participation
1). Describe the difference between gross profit and income from operations. Why would a
company be concerned with gross profit rather than just overall income from operations?
The difference in income and gross profit is that gross profit comes from subtracting your direct
cost to produce your products from the income earned. On the other hand, income comes from
the amount left over that is earned after subtracting it from the operating expenses of the
Topic 4 Participation
1). Describe the difference between gross profit and income from operations. Why would a
company be concerned with gross profit rather than just overall income from operations?
The difference in income and gross profit is that gross profit comes from subtracting your direct
cost to produce your products from the income earned. On the other hand, income comes from
the amount left over that is earned after subtracting it from the operating expenses of the
