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What does 'gross' mean? Revenue? In this case 'dollars'? At a smoothie shop in the US: CEO: Monday through Thursday, how busy are you? Franchisee: We're doing about 1,200 gross. Friday we're doing, like, about 3,400.
Mar 30, 2021 4:57 AM
Answers · 2
2
Gross means money earned before taxes are taken out. So the gross amount isn’t what a company gets to keep. Money the company keeps (i.e., after taxes are deducted) is referred to as “net.”
March 30, 2021
1
Gross means total income. Not only before taxes, but before ALL expenses (employee salaries, rent, supplies, etc.) are taken out.
March 30, 2021
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