Nice to hear from you. According to my calculation just like I mentioned before, it supposed to named "gross profit" instead of "net profit", and the main reason for this is net profit=selling price -purchasing price -labor cost-other cost, and I am sure there is no way that you and your company know the purchasing price, labor cost, and other costs. So it should be named gross profit.
Hi Alexis,
Nice to hear from you. According to my calculation just like I mentioned before, it supposed to named "gross profit" instead of "net profit", and the main reason for this is net profit=selling price -purchasing price -labor cost-other cost, and I am sure there is no way that you and your company know the purchasing price, labor cost, and other costs. So it should be named gross profit.
Thanks