BTCS Inc., formerly Bitcoin Shop, Inc., is a blockchain technology focused company. The Company operates a beta e-commerce marketplace which accepts digital currencies.
Gross Expense Ratio vs. Net Expense Ratio. Donât confuse the gross expense ratio with the net expense ratio. The net expense ratio equals the gross expense ratio of a mutual fund excluding any fee waivers or reimbursements made to investors. The gross expense ratio considers all of the expenses of a fund, including administrative and accounting costs associated with investments made by the fund.
The terms profit and income are largely interchangeable when discussing net and gross figures, although there is a real difference between net income and net profit after taxes. Gross vs. Net. No matter what the context, gross numbers are always used in the calculation of net numbers. For business accounting, gross income includes all revenue that a company earns over the course of the year. Gross income incorporates all cash, checks, credit charges, rents, interest earned and dividends, among others.