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Based on the figure above,which of the following statements is true?
Discount
The reduction applied to the usual cost of goods, services, or securities.
Operating Expenses
Costs associated with running the day-to-day operations of a business, excluding the cost of goods sold, typically including things like salaries, rent, and utilities.
Profit
The financial gain obtained when the amount earned from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.
Selling Price
The amount at which an item or service is sold to the customer.
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