Question: Gross Profit ( also called Gross Margin ) equals the difference between: Note: Gross Profit and Gross Margin can be used interchangeably sales revenue and
Gross Profit also called Gross Margin equals the difference between:
Note: Gross Profit and Gross Margin can be used interchangeably
sales revenue and cost of goods sold plus operating expenses
sales revenue and operating expenses
sales revenue and cost of goods sold
net income and operating expenses
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