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Net sales minus the cost of goods sold equals _______________________________.

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Net sales minus the cost of goods sold equals _______________________________.

Net sales minus the cost of goods sold equals _____________________________ __.

a. Gross margin
b. Net profit
c. Operating expenses
d. Gross sales
e. None of the above

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Solved The contribution margin is equal to
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Solved Sales minus cost of goods sold equals gross profit.

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