Operating profits are defined as
A) gross profits minus operating expenses.
B) sales revenue minus cost of goods sold.
C) earnings before depreciation and taxes.
D) sales revenue minus depreciation expense.

Name: Operating profits are defined as A) gross profits minus operating expenses. B) sales revenue minus cost of goods sold. C) earnings before depreciation and taxes. D) sales revenue minus depreciation expense.
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Question

Quizplus · Accepted Answer

Operating profits are calculated by subtracting operating expenses from gross profits.

Operating Profits Are Defined as