Gross Income

1. An individual's total personal income before taking taxes or deductions into account.

2. A company's revenue minus cost of goods sold. Also called "gross margin" and "gross profit".



1. Your gross income is how much you make before taxes. It is the figure people are looking for when they ask how much you gross a month.

2. This is an important number when analyzing a company, it indicates how efficiently management uses labor and supplies in the production process. Keep in mind that gross income varies significantly from industry to industry.




Introduction to Fundamental Analysis - Here's an easy-to-understand tutorial on the techniques of analyzing a company's financial statements, including the annual and quarterly reports, the auditor's report, and much more.

The Bottom Line On Margins - Take a deeper look at a company's profitability with the help of profit-margin ratios.

Understanding The Income Statement - Want to know about a company's profitability? Then make sure you know how to read this component of the financial statements.

The Saver's Tax Credit: an Added Incentive to Fund Your Plan - Are tax deductions not inciting you to make contributions? Here's another reason to put money toward a next egg.

Year-End Tax Tips For Investors - We give you seven guidelines that may help you save money at tax time.
Related Terms

Adjusted Gross Income - AGI

Adjusted Gross Income - AGI

Cost of Goods Sold

Income

Net Income

Revenue

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