gross incomein a sentence
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The company's gross income is good, but overhead is too high.
gross income = income minus cost of goods sold
- She frowned over gross income.† (source)
- You're to receive a big cut of the Atlantic Southern's gross income, out of the common pool at the end of the year-only there won't be any gross income left for the pool to seize, will there?† (source)
- His gross income had doubled.† (source)
- The afternoon newspaper was lying on his deskand she was staring at an item on the back page: An Emergency State Tax had been passed in California for the relief of the state's unemployed, in the amount of fifty per cent of any local corporation's gross income ahead of other taxes; the California oil companies had gone out of business.† (source)
- At the end of the year, the Pool Board distributes the total gross income, and every individual railroad is paid, not on the haphazard, old-fashioned basis of the number of trains run or the tonnage of freight carried, but on the basis of its need-that is, the preservation of its track being its main need, every individual railroad is paid according to the mileage of the track which it owns and maintains.† (source)
- But to avoid the waste and danger of dog-eat-dog competition, all the companies will deposit their gross earnings into a common pool, to be known as the Steel Unification Pool, in charge of a special Board.† (source)
- All of their gross revenue is turned over to the Railroad Pool Board in Washington, which acts as trustee for the industry as a whole, and divides the total income among the various railroads, according to a …. a more modern principle of distribution.† (source)