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Author Question: Gross margin minus operating expenses equals net profit. (Read 225 times)

bobbysung

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Question 1

Net sales minus cost of goods sold is net income.
◦ True
◦ False

Question 2

Gross margin minus operating expenses equals net profit.
◦ True
◦ False


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Marked as best answer by bobbysung on Feb 26, 2020

jxjsniuniu

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bobbysung

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Reply 2 on: Feb 26, 2020
Great answer, keep it coming :)


ttt030911

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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