Question

Is gross profit or net profit more important to consider when you're deciding how successful and profitable a company is? Why? Explain.

Answer 1

Answer:

Net profit is more important to consider when you are deciding how successful and profitable a company is. Net profit takes into account all expenses and what your net profit is.

Explanation:

Answer 2

Answer:

Net profit is more important to consider because it accounts for all the costs associated with making and selling the product and it includes the operating expenses that are excluded from gross profit. Gross profit is the profit made after deducting costs associated with making and selling its products, or the costs associated with providing its services.