The direct and indirect costs associated with producing a specific product are subtracted from the net revenues received from the sale of this product.The resulting figure is called:
A)Net income
B)Operating profit
C)Cash flow
D)Gross profit margin
E)The liquidity ratio

Question

Quizplus · Accepted Answer

Operating profit is the amount it has left after all the costs of making the product and running the business have been deducted.

The Direct and Indirect Costs Associated with Producing a Specific