Positive Operating Income Will Result If Gross Profit Exceeds

question 184

Multiple Choice

Positive operating income will result if gross profit exceeds

• A)costs of goods sold.
• B)salaries and wages expense.
• C)cost of goods sold plus operating expenses.
• D)operating expenses.

---

Definitions:

Teeth Per Inch

A measurement that indicates the number of teeth in a one-inch length of a saw blade or other cutting tool, determining its cutting capability and finish.

Hacksaw Blade

A thin, toothed strip of metal used in a hacksaw for cutting materials like metal and plastic.

Copper Tubing

Copper tubing is a type of piping made from copper, widely used in plumbing, HVAC, and refrigeration systems for its durability and thermal conductivity.

Standard Micrometer

A precision measuring instrument used to accurately measure small distances or thicknesses, often in mechanical engineering.