On an income statement, revenue less cost of goods sold (COGS) ...

[Anajune7]

On an income statement, revenue less cost of goods sold (COGS) equals:
 A) net income or loss.
  B) gross profit.
  C) net income from operations.
  D) operating expenses.
  E) net profit.

Question 2

The American economy is now characterized as a(n) _____ economy.
 A) industrial
  B) centralized
  C) service
  D) stagnant
  E) bureaucratic

[rachel]

Answer to Question 1

B

Answer to Question 2

C

[Anajune7]

Thanks for the timely response, appreciate it

[EAN94]

YES! Correct, THANKS for helping me on my review