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Mathematics, 01.10.2019 02:30 emma2827

Which of the following equations correctly describes how to calculate gross profit? a. gross profit = (net sales) - (cost of goods sold) b. gross profit = (cost of goods sold) - (net sales) c. gross profit = (net income) - (operating expenses) d. gross profit = (operating expenses) - (net income)

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Which of the following equations correctly describes how to calculate gross profit? a. gross profit...
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