This topic contains a solution. Click here to go to the answer

Author Question: Net Income or Net Profit a. Are the same b. Net Income is less than Net Profit c. Net Profit is ... (Read 86 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
Net Income or Net Profit
 a. Are the same
  b. Net Income is less than Net Profit
  c. Net Profit is the profit before expenses are deducted
  d. None of the above

Question 2

The profit on merchandise sold after expenses is
 a. Gross Sales
  b. Gross Profit
  c. Net Sales
  d. Net Income



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Harbringer

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

A

Answer to Question 2

D




vicky

  • Member
  • Posts: 586
Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)


mohan

  • Member
  • Posts: 362
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

For a complete list of videos, visit our video library