Solved

The Amount a Business Gets to Keep, After Paying for All

Question 51

Multiple Choice

The amount a business gets to keep, after paying for all costs and expenses, is termed:

A) gross margin
B) gross profit
C) net loss
D) net profit

Related Questions

Q46: A local dealer sells baseballs for $25

Q47: A markup rate of 35% based on

Q48: A DVD player that costs $168 sells

Q49: When the original selling price of a

Q50: Tree-Mark Industries pays $90.00 for unfinished wood

Q52: Pat's Deli makes onion buns that cost

Q53: The price of an item on the

Q54: Sunfresh Bakery makes Italian bread that costs

Q55: The percent markup on cost is equal

Q56: If a product is marked up, the