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Tina Dupree is bewildered by the many different types of profit and income reported by accountants. She is interested in putting the correct label on
Tina Dupree is bewildered by the many different types of profit and income reported by accountants. She is interested in putting the correct label on the important quantity: Sales minus cost of goods sold. What is the correct label? Net income Gross profit Operating income Owners equity Return on sales
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