[Answered] On an income statement, revenue less cost of goods sold (COGS) equals: A) net income or loss. B) ...

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Author Question: On an income statement, revenue less cost of goods sold (COGS) equals: A) net income or loss. B) ... (Read 94 times)

Anajune7

Hero Member
Posts: 574

on: Jul 14, 2018

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

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rachel

Sr. Member
Posts: 323

Reply #1 on: Jul 14, 2018

Answer to Question 1

B

Answer to Question 2

C

Anajune7

Member
Posts: 574

Reply 2 on: Jul 14, 2018

Gracias!

fatboyy09

Member
Posts: 358

Reply 3 on: Yesterday

Great answer, keep it coming

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