brittanygossett
  • brittanygossett
Which statement is true regarding the calculation of income earned by a service business? The net sales amount is calculated by deducting sales returns and discounts from total sales. Deducting cost of goods sold from net sales gives the goods available for sale. Gross profit is the final profit of the business. Salaries are a part of operating expenses. Operating expenses are deducted from gross profit to determine the net profit or net income of the business.
Finance
  • Stacey Warren - Expert brainly.com
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SOLVED
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.
schrodinger
  • schrodinger
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