Question

HELP Question 3: To determine gross profit, A:subtract the cost of goods sold from sales.

B: divide the net profit by total sales.
C: divide the selling price by the cost to produce.
D: subtract all indirect costs from total sales.

Answer 1

A.) Subtract the cost of goods sold from sales

Step-by-step explanation:

Answer 2

A

Step-by-step explanation:

Gross profit = total sales - total cost of sales