Which Row Is Referenced: Sales(2, 3)

question 14

Multiple Choice

Which row is referenced: sales(2, 3) ?

• A) 1
• B) 2
• C) 3
• D) 4

---

Definitions:

Monthly Sales

The total revenue generated from the sale of goods or services within a one-month period.

Net Operating Income

A measure of a company's profitability, calculated as gross income minus operating expenses excluding interest and taxes.

Contribution Format

An income statement format that separates variable costs from fixed costs, emphasizing the contribution margin.

Income Statement

A financial statement that reports a company's financial performance over a specific period, showing revenue, expenses, and net income or loss.