Positive Operating Income Will Result If Gross Margin Exceeds

question 61

Multiple Choice

Positive operating income will result if gross margin exceeds

• A)operating expenses.
• B)purchases.
• C)cost of goods sold.
• D)cost of goods sold minus operating expenses.

---

Definitions:

Arthropods

are invertebrates with exoskeletons, segmented bodies, and jointed appendages, including insects, arachnids, and crustaceans.

Jointed Appendages

Body parts that are segmented or divided into joints, enabling movement, characteristic of arthropods.

Soft Exoskeleton

A flexible external covering or support structure found in some organisms, providing protection and structural support while allowing movement.

Earthworm

A type of invertebrate animal known for its role in aerating soil and breaking down organic material into fertile humus.