Accountıng I Deneme Sınavı Sorusu #1313776
Which one of the following is the amount of deduction of COGS from sales revenue?
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Gross profit |
|
Net profit |
|
Operating profit |
|
Operating loss |
|
Net loss |
Yanıt Açıklaması:
When COGS is deducted from sales revenue, gross profit is calculated. Gross profit evaluates the company’s profitability in terms of selling activities.
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