Instructions State the Missing Items Identified by

question 36

Essay

Instructions
State the missing items identified by ?.
1. Gross profit - Operating expenses = ?
2. Cost of goods sold + Gross profit on sales = ?
3. Sales revenue - (? + ?) = Net sales
4. Income from operations + ? - ? = Net income
5. Net sales - Cost of goods sold = ?

---

Definitions:

Illiterate People

Individuals who are unable to read or write.

Global World

A term referring to the interconnectedness of nations through trade, technology, politics, and culture, often emphasizing collective challenges and opportunities.

Symbols

Objects, figures, or colors used to represent ideas, concepts, or other abstractions.

Sounds of Language

The auditory elements used in speech, including phonemes, tones, and intonation, which contribute to linguistic communication.