Dollar profit left after all expenses, including financing costs and taxes have been deducted from the firm's revenues is called
A) gross profit
B) gross profit margin
C) net profit
D) net profit margin
E) cost of goods sold

Question

Quizplus · Accepted Answer

Net profit is the dollar amount remaining after all expenses, including financing costs and taxes, have been deducted from the firm's revenues.

Dollar Profit Left After All Expenses, Including Financing Costs and Taxes