Gross Profit Is Equal To

Gross profit is equal to:

A) sales less (sales discounts and sales returns and allowances) plus cost of merchandise sold.
B) sales plus sales returns and allowances less sales discounts less cost of merchandise sold.
C) sales plus sales discounts less sales returns and allowances less cost of merchandise sold.
D) sales less (sales discounts and sales returns and allowances) less cost of merchandise sold.