Instructions State the Missing Items Identified by

question 216

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:

Serifs

Small lines or strokes attached to the ends of letters in some fonts, intended to make the text easier to read.

San-serifs

A category of typefaces characterized by clean lines without decorative extensions at the end of letters.

Font Size

The measurement that determines the height of characters in printing and digital writing, affecting readability and visual design.

Solicited Letter

A letter written in response to a request or invitation, often used in formal communications or applications.