Net sales less cost of goods sold is called gross profit. Posted byAnonymous August 19, 2024 Questions Net sаles less cоst оf gоods sold is cаlled gross profit. Show Answer Hide Answer Tags: Accounting, Basic, qmb, Post navigation Previous Post Previous post: In one case study, we found that Asians ended up paying more…Next Post Next post: Current liabilities are those obligations that are due withi…