Gross profit will always be greater than net income.
What is gross profit and net income?
Gross profit is the total revenue earned before any form of expense in subtracted. Net income is gross profit less total expenses.
For example, if the selling price of a pencil is $1 and 1000 pencils is sold. Total cost is $500. Gross profit would be $1000(1 x 1000). Net income would be $500.
To learn more about gross profit, please check: https://brainly.com/question/26948480
