Adjusted gross income is calculated by taking an individual's gross income and subtracting adjustments to income from this figure, according to the Internal Revenue Service. Adjusted gross income can also be found on a particular year's federal income tax return.
Locate the gross pay under the "Total Earnings" or "Gross Pay" section of a paycheck and multiply the amount by 12, 24, 26 or 52, according to Cynthia Measom for the Houston Chronicle. Multiply by 12 if payment is once a month or 24 for a pay frequency that is twice a m...
Gross monthly income is simply the total amount one is paid per month without any deductions for taxes and benefits. To calculate, simply multiply the hours worked per month by the hourly wage. If paid a salary, the monthly amount is the gross monthly income.
According to AccountingTools, gross sales are calculated by adding up the revenue from all sales transactions without taking into account any costs. This is in contrast to net sales, which subtract costs like operating expenses or taxes.
In the simplest terms, gross income refers to all income received by a person or corporation in a set period of time; for individuals, this includes payment accrued from all sources before taxes, while it includes total revenue for organizations before accounting for pr...
To calculate gross profit, subtract the cost of goods sold from the amount of total sales for the specified time period. The result is the pre-expense profit derived by the company, also known as the gross profit.
To calculate the gross profit percentage, also known as the gross profit margin, the gross profit should be divided by the total revenue and then multiplied by 100. This is the percentage of money that the company makes from selling goods or services after subtracting t...