The difference between net sales and cost of goods sold is called (a) gross profit. (c) goods

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The difference between net sales and cost of goods sold is called

(a) gross profit.

(c) goods available for sale.

(b) net purchases.

(d) the bottom line.

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College Accounting Chapters 1-15

ISBN: 12

19th Edition

Authors: James A Heintz, Robert W Parry

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