Author Question: Gross profit is equal to a. sales plus cost of merchandise sold b. sales plus selling expenses c. ... (Read 186 times)

chandani · **on:** Jul 5, 2018

Gross profit is equal to
a. sales plus cost of merchandise sold
b. sales plus selling expenses
c. sales less selling expenses
d. sales less cost of merchandise sold

Question 2

Identify the three forms of business organization.

What will be an ideal response?

nital · **Reply #1 on:** Jul 5, 2018

Answer to Question 1

d

Answer to Question 2

The three forms of business organization are sole proprietorship, partnership, and corporation.