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  • What Is the Meaning of Gross Quantity?

    Gross, in relation in numbers, can be used as either a unit of measurements or in economics as a term applied to numbers indicating that they are prior to deductions. For example, gross profit is the profit that a business has produced after it has deducted cost of goods sold before it has deducted operating expenses. In regards to gross quantity, it is the number of whatever item is being measured prior to existing deductions that would count against that number.

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