When you subtract cost of revenues from revenues obtained by selling the firm's products,you obtain ________.

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When you subtract cost of revenues from revenues obtained by selling the firm's products, you obtain gross profit. Gross profit is the amount left after deducting the cost of goods sold from revenue. Net income is the total income earned after deducting expenses such as taxes and interest. Accounts payable is a liability account representing the money owed by a company to its suppliers or vendors. Interest expense is a cost incurred by a company on funds borrowed from external sources.

When You Subtract Cost of Revenues from Revenues Obtained by Selling