Total gross profit = ________.

Name: Total gross profit = ________.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The total gross profit is the revenue generated through sales minus the cost of goods sold. Therefore, option C (revenue - cost of goods sold) is the correct answer. Option A (profit - cost of goods sold) is incorrect because it does not take into account the revenue generated. Option B (cost of goods sold - total revenue) and Option D (revenue - operating costs) are incorrect because they do not calculate the total gross profit.

Total Gross Profit = ________