After Gross Profit Is Calculated Operating Expenses Are Deducted to Determine

question 177

Multiple Choice

After gross profit is calculated operating expenses are deducted to determine

• A) gross margin.
• B) net income.
• C) gross profit on sales.
• D) net margin.

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Definitions:

Overexploited Fisheries

Fisheries where fish stocks have declined below a level that can sustainably support fishing activity due to excessive fishing.

United Nations

An international organization formed in 1945 to promote peace, security, and cooperation among the world's nations.

Food and Agriculture Organization

An agency of the United Nations that leads international efforts to defeat hunger and improve nutrition and food security.

Sensitive Ecosystems

Natural environments that are highly responsive to environmental changes or disturbances, often requiring special protection due to their fragility and ecological significance.