2.05B Activity Profit Calculations
- Due No due date
- Points 8
- Questions 8
- Time Limit None
Instructions
For numbers 1-7, solve the problems using the equations below.
Income-Expense=Profit
Income from Sales-Cost of Goods=Gross Profit
Gross Profit-Operating Expense=Net Profit
Do not use $ in your answers. Your answers must be exact to be counted correct.
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