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The formula (Sales Revenue - Cost of Goods Sold ) Sales Revenue produces: Select one: a. An amount referred to as Net Profit b. A

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The formula "(Sales Revenue - Cost of Goods Sold ) Sales Revenue" produces: Select one: a. An amount referred to as Net Profit b. A percentage referred to as Gross Profit Margin c. An percentage referred to as Net Profit Margin d. An amount referred to as Gross Profit The formula used to calculate earnings per share does NOT include: Select one: a. Weighted average number of common stock outstanding b. net income c. Preferred dividends d. Book value per share

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