Match the Following Profit Measures to Their Definitions

question 55

Multiple Choice

Match the following profit measures to their definitions.
-Gross profit.

• A) A comparative indicator of profit in relation to sales value.
• B) Gross profit less all operating expenses but not interest and taxes.
• C) A measure of company performance after deducting operating expenses and interest but not taxes.
• D) A simple measure of profit obtained from the sale of goods and services. Also referred to as sales profit.

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Definitions:

Temperatures

A measure of the warmth or coldness of an object or substance with reference to some standard value.

Freshwater Lakes

Bodies of standing water, of various sizes, that contain low concentrations of salt, making them habitable for a variety of freshwater organisms.

Turn Over

The process of replacing or renewing something to restore freshness or to provide consistency.

Tropical Biome

A biome characterized by a warm climate year-round, significant rainfall, and a high level of biodiversity, typically located near the Equator.