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CSS5 CSS5
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7 years ago
How does the cost of goods sold affect the gross profit as calculated in an income statement?
A) It increases the gross profits.
B) It is figured into operating expenses.
C) It does not affect the gross profits.
D) It is subtracted from net sales revenue.
E) It helps to predict what future profits will be.
Textbook 
Business: A Practical Introduction

Business: A Practical Introduction


Edition: 1st
Authors:
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weshonweshon
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7 years ago
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CSS5 Author
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7 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Just got PERFECT on my quiz
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2 hours ago
Thanks for your help!!
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