Gross Profit Equals

question 24

Multiple Choice

Gross Profit equals:

• A) Net sales - Net Purchases.
• B) Sales - Sales Returns and Allowances - Sales Discounts - Cost of Goods Sold.
• C) Cost of Goods Sold - Other Expenses.
• D) Cost of Goods Sold - Operating Expenses.

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Definitions:

Intensity

The strength, brightness, or concentration of a color, sound, or other phenomenon.

Left-aligned

Text formatting where each line of text starts from the left margin, creating a clean and uniform edge on the left side of the document.

Placeholder

A temporary text or graphic used in a document or design to occupy space until actual content is created or inserted.

Grayscale

a color mode using shades of gray only, often used in printing and display settings to save color ink or for aesthetic reasons.