Gross Profit Is Calculated As

Multiple Choice

Gross profit is calculated as:

A) Total sales - Cost of sales - Selling,general,and administrative expenses - Depreciation and amortization.
B) Total sales - Cost of sales - Selling,general,and administrative expenses.
C) Total sales - Cost of sales.
D) Total sales - Cost of sales - Interest expense.
E) Total sales - Cost of sales - Interest expense -Taxes.