The formula that calculates the gross profit or loss for a month uses ________.
A)fixed costs minus variable costs
B)expenses minus sales
C)sales minus expenses
D)variable costs minus fixed costs

Name: The formula that calculates the gross profit or loss for a month uses ________. A)fixed costs minus variable costs B)expenses minus sales C)sales minus expenses D)variable costs minus fixed costs
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Question

Quizplus · Accepted Answer

The formula for gross profit or loss is sales minus expenses.

The Formula That Calculates the Gross Profit or Loss for a Month