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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