Operating Profits Are Defined as

question 130

Multiple Choice

Operating profits are defined as

• A) earnings before depreciation and taxes.
• B) gross profits minus operating expenses.
• C) sales revenue minus depreciation expense.
• D) sales revenue minus cost of goods sold.

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Definitions:

Cable TV Market

A sector of the economy that deals with the distribution and provision of cable television services to consumers.

High Price

A term describing goods or services offered at a price above the average or market rate.

Dominant Strategy

In game theory, a strategy that is optimal for a player, irrespective of what the opponent does.

High Price

A price level that is considered to be above the average or standard pricing for a product or service in the marketplace.