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what is sales revenue minus cost of goods sold and operating expenses, known as for income statement purposes
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16 votes
16 votes
what is sales revenue minus cost of goods sold and operating expenses, known as for income statement purposes

User Davidson Sousa
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1 Answer

17 votes
17 votes

Answer:

Gross profit

Step-by-step explanation:

COGS-Sales = gross profit

net income = gross profit-expense

User Erik Thysell
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