Which of the following is the difference between revenues and the cost of revenues?
A) net income
B) gross profit
C) accounts payable
D) interest expense
E) cash flow

Name: Which of the following is the difference between revenues and the cost of revenues? A) net income B) gross profit C) accounts payable D) interest expense E) cash flow
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Question

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B)Managers are often interested in gross profit, a preliminary profit figure that considers revenues and cost of revenues from the income statement.

Which of the Following Is the Difference Between Revenues and the Cost