Biology
Medium
Question
Which of the following is incorrect:
A
Sales is a sum of cost of goods sold and gross profit.
B
Gross profit is a sum of net profit and operating expenses.
C
Operating expenses means a difference between gross profit and net profit.
D
None of these
✓ Official correct answer
Community credibility
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A
Sales is a sum of cost of goods sold and gross profit.
No member explanations yet for this option.
B
Gross profit is a sum of net profit and operating expenses.
No member explanations yet for this option.
C
Operating expenses means a difference between gross profit and net profit.
No member explanations yet for this option.
D
None of these
No member explanations yet for this option.