Question: The difference between total sales in dollars and total variable expenses is called: a. net operating income. b. net profit. c. the gross margin. d.

The difference between total sales in dollars and total variable expenses is called: a. net operating income. b. net profit. c. the gross margin. d. the contribution margin
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
