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    Entrepreneurial Finance Study Set 4
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    Exam 4: Preparing and Using Financial Statements
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    "Gross Earnings" Is Equal To
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"Gross Earnings" Is Equal To

Question 22

Question 22

Multiple Choice

"Gross earnings" is equal to:


A) Revenue - After-Tax cost of financial capital used
B) net income ÷ sales
C) net sales - the cost of production) × tax rate
D) net sales - the cost of production

Correct Answer:

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