Gross Profit for a Merchandiser Is Net Sales Minus

question 136

Multiple Choice

Gross profit for a merchandiser is net sales minus

• A) operating expenses.
• B) cost of goods sold.
• C) sales discounts.
• D) cost of goods available for sale.

---

Definitions:

Identity Diffusion

The status of adolescents who consider various identity alternatives but never commit to one or never even consider identity options in any conscious way.

Identity Foreclosure

A stage in Erikson's theory of identity development where an individual commits to an identity without exploring other options.

Authoritarian Behavior

The enforcement of strict obedience to authority at the expense of personal freedom.

Rigid Strength

Rigid strength describes a type of durability or resilience that is inflexible and unyielding, often in a physical context.