3 years ago

In an income statement subtracting the cost of goods sold from the net sales provides the?

1 answer:

8 0

The correct answer is gross profit.

The purpose of the income statement is to show the income of the business for the reporting period. When you subtract the costs of goods from the net sales you will have the gross profit. From the gross profit you will subtract your expenses in order to calculation the net income.

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Answer:

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}

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console.log("minimum: " + e);

}

Explanation:

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Answer:

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Explanation:

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