How is gross margin (gross profit) computed?

How is gross margin (gross profit) computed? O Sales - Cost of Goods Sold - Operating Expenses O Sales - Cost of Goods Sold + Operating Expenses O Sales + Cost of Goods Sold O Sales - Cost of Goods Sold e Textbook and Media What may likely cause Nike's gross margin (gross profit) to decrease if sales remain the same? Nike's sales consist of products that cost less to produce. Nike's sells more units of products. O Nike's sales consist of products that cost more to produce. O Nike's operating expenses increased. e Textbook and Media Nike sells a pair of shoes to a customer for $100 that cost $60 to produce. What impact will this sale ultimately have in Nike's accounting records? O A $60 increase to the Inventory account O A $60 increase to Cost of Goods Sold O A $60 increase to Sales Revenue O A $100 increase to Cost of Goods Sold