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Which of the following would be deducted from sales revenue in order to calculate gross profit? O the salary of the company president expenses associated
Which of the following would be deducted from sales revenue in order to calculate gross profit? O the salary of the company president expenses associated with selling the product (i.e., advertising) O income tax expense O the cost of computer software used to prepare the financial statements O the purchase price of merchandise that is sold to customers O the utilities expense for the accounting department O more than one of the above choices would be deducted from sales revenue to calculate gross profit O none of the above choices would be deducted from sales revenue to calculate gross profit
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