Author Question: Which of the following is not categorized as an operating expense? A) the cost of products being ... (Read 119 times)

bobypop · **on:** Jul 7, 2018

Which of the following is not categorized as an operating expense?

A) the cost of products being sold
B) marketing costs
C) administrative overhead
D) amortization of goodwill

Question 2

Gross margin is defined as gross profit:

A) minus total operating expenses.
B) divided by net sales revenues.
C) divided by cost of sales.
D) minus net income.