Question: State the missing items. 1. Gross profit - Operating expenses = 2. Cost of goods sold + Gross profit = 3. Sales revenue - -

State the missing items.

1. Gross profit - Operating expenses =

2. Cost of goods sold + Gross profit =

3. Sales revenue

-

-

= Net sales

4. Income from operations

+

-

= Net income

5. Net sales - Cost of goods sold =

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