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Match the Following Profit Measures to Their Definitions

Question 55

Multiple Choice

Match the following profit measures to their definitions.
-Gross profit.


A) A comparative indicator of profit in relation to sales value.
B) Gross profit less all operating expenses but not interest and taxes.
C) A measure of company performance after deducting operating expenses and interest but not taxes.
D) A simple measure of profit obtained from the sale of goods and services. Also referred to as sales profit.

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