On the income statement,gross profit is defined as:
A)operating profits minus operating expenses
B)gross profit minus cost of goods sold
C)sales revenue minus cost of goods sold
D)sales revenue minus operating expenses
E)none of the above

Question

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The Answer of On the income statement,gross profit is defined as:
A)operating profits minus operating expenses
B)gross profit minus cost of goods sold
C)sales revenue minus cost of goods sold
D)sales revenue minus operating expenses
E)none of the above

On the Income Statement,gross Profit Is Defined As