Accountıng I Deneme Sınavı Sorusu #1313792
Which of the following is calculated when Cost of Goods Sold (COGS) is deducted from sales revenue?
Gross profit |
Expanses |
Purchases |
Revenue |
Sales |
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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