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Which of the following expressions is incorrect?

Which of the following expressions is incorrect?

Gross profit - operating expenses = net income

Sales revenue - cost of goods sold - operating expenses = net income

Net income + operating expenses = gross profit

Operating expenses - cost of goods sold = gross profit

Top Answer

Option 4 is incorrect... View the full answer

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Other Answers

The is incorrect expression is "... View the full answer

Gross profit Gross profit is the profit a company makes after deducting the costs associated with... View the full answer

The correct option is (D)... View the full answer

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