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Looking at an income statement, sales revenue, minus cost of goods sold and operating expenses, is equal to which of the following? Question content area

Looking at an income statement, sales revenue, minus cost of goods sold and operating expenses, is equal to which of the following?
Question content area bottom
Part 1
(Select the best choice below.)
A.
Net income available to preferred shareholders.
B.
Net Profit.
C.
Retained earnings.
D.
EBIT.

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