Which of the following is the equation form of net profit?
A) income − COGS
B) gross profit − operating expenses
C) liabilities + owner's equity
D) operating profit − other revenues and expenses
E) EBT − taxes
Correct Answer:
Verified
Q52: Which of the following is a cash
Q53: Which of the following defines notes receivable?
A)
Q54: Current liabilities can be defined as:
A) debts
Q55: Which of the following is a cash
Q56: Which of the following is the equation
Q58: Inventory embodies:
A) stocks and bonds that a
Q59: An income statement:
A) examines a business's assets,
Q60: Which of the following is the equation
Q61: Profitability ratios are:
A) ratios drawn from a
Q62: Which of the following defines financial leverage
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