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On a company's income statement, how does an accountant calculate gross profit? Question 1 9 options: A ) Operating expenses minus gross income equals gross
On a company's income statement, how does an accountant calculate "gross profit?"
Question options:
A
Operating expenses minus gross income equals gross profit.
B
Operating expenses minus net income equals gross profit.
C
Operating expenses minus net income minus taxes equals gross profit.
D
Revenue minus cost of goods sold equals gross profit.
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