Net Income from Operations Is Gross Profit Less

question 12

Multiple Choice

Net income from operations is gross profit less

• A) financing expenses.
• B) operating expenses.
• C) other income and expense.
• D) other expenses.

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Definitions:

Logic

The study of principles of valid reasoning and argument.

Statement

An assertion or declaration, either oral or written, that conveys information, opinions, or beliefs.

Subject

In philosophy, it refers to the entity that is the observer or experiencer of perceptions and thoughts.

Predicate

A grammatical and logical term that refers to the part of a sentence or an expression that states something about the subject.