gross profit
Gross profit shows the difference between the buying price and selling price of the goods – the profit before any of the costs of running the business are taken into account.
You can calculate gross profit using this formula:
Revenue (money made) from sales - Cost of materials = Gross profit
Your task
Use this formula to calculate Cadbury’s gross profit in 2005 and in 2006 in the space provided in the spreadsheet. Your answer will turn green if it is correct and red if it is not.
