Target Takes Its Net Sales and Subtracts the Cost of Goods

question 121

Multiple Choice

Target takes its net sales and subtracts the cost of goods sold during the previous period.The result is Target's

• A) gross sales.
• B) net income.
• C) gross profit.
• D) net margin.
• E) net purchases.

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Definitions:

Functional Group

A specific grouping of atoms within molecules that is responsible for the characteristic chemical reactions of those molecules.

Organic Explosives

Explosive materials composed of organic chemicals that produce a detonation or rapid expansion of gases to generate destructive effects.

Combustion

A chemical reaction that occurs when a substance reacts with oxygen to give off heat and light, often producing flame.

Explosives

A rephrased definition: Chemical compounds or mixtures that release a large amount of energy in a very short time through blasts or combustion.