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.
Gross profit is total sales, while net profit is the gross minus operation costs, such as wages and utility bills. While a balance sheet summarizes the capital, assets and liabilities of a business, a profit and loss statement shows its income and its scope of profitability.