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    Basic Marketing
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    Exam 23: Marketing Arithmetic
  5. Question
    When a Firm Subtracts Its Cost of Sales from Its
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When a Firm Subtracts Its Cost of Sales from Its

Question 14

Question 14

Multiple Choice

When a firm subtracts its cost of sales from its net sales, the amount left over is called:


A) gross margin.
B) return on assets.
C) net profit.
D) expenses.
E) gross sales.

Correct Answer:

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