What Is the Term Applied to the Excess of Sales

question 94

Multiple Choice

What is the term applied to the excess of sales over the cost of goods sold?

• A) gross profit
• B) operations
• C) net income
• D) gross sales

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Definitions:

Marketing Manager

A professional responsible for overseeing and guiding a company's marketing strategies and campaigns.

Advertising Campaign

A series of advertisement messages that share a single idea and theme aimed at reaching a particular audience.

Net Operating Income

The earnings a business achieves following the removal of operational costs from the income earned through its activities.

Break-even Point

The break-even point is the level of production or sales at which total revenues equal total costs, resulting in no profit or loss.