To Calculate Gross Profit, Subtract Operating Expenses from Net Sales

question 109

True/False

To calculate gross profit, subtract operating expenses from net sales.

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Definitions:

Suffix

A letter or group of letters added at the end of a word to change its meaning or function.

Admire

To regard someone or something with respect, approval, or warm esteem, often because of their qualities, achievements, or beauty.

Suffix

A morpheme added at the end of a word to form a derivative (e.g., -ation, -fy, -ing, -itis).

Pay

The compensation received by an employee from their employer in exchange for their work or services.