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    College Accounting Study Set 5
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    Exam 15: Financial Statements and Year-End Accounting for a Merchandising Business
  5. Question
    Net Sales Minus Cost of Goods Sold Equals
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Net Sales Minus Cost of Goods Sold Equals

Question 76

Question 76

Multiple Choice

Net sales minus cost of goods sold equals


A) operating income.
B) operating expenses.
C) other expenses.
D) gross profit.

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