Gross Profit Is Equal to

question 117

Multiple Choice

Gross profit is equal to

• A) profits plus depreciation.
• B) revenues - expenses.
• C) earnings before taxes minus taxes payable.
• D) sales - cost of goods sold.

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Definitions:

Environment

The surrounding or conditions in which a person, animal, or plant lives or operates, including all living and non-living things.

Red-green Color Blindness

A common form of color vision deficiency in which individuals find it hard to distinguish between red and green hues.

Y Chromosome

The Y chromosome is one of the two sex chromosomes in mammals, including humans, and is typically associated with male sex determination.

X Chromosomes

Structures within cells that contain a significant portion of an individual's genetic material, playing a crucial role in determining biological sex.