Question and answer
Gross profit represents profit after the deduction of cost of goods sold, and before the deduction of all other selling expenses, general expenses, and tax expense. (Points : 2) True False
Question
Asked 7/1/2013 1:51:12 PM
Updated 9/16/2014 5:17:18 PM
1 Answer/Comment
Flagged by emdjay23 [9/16/2014 5:17:18 PM]
Get an answer
Original conversation
User: Gross profit represents profit after the deduction of cost of goods sold, and before the deduction of all other selling expenses, general expenses, and tax expense. (Points : 2) True False

Question
Asked 7/1/2013 1:51:12 PM
Updated 9/16/2014 5:17:18 PM
1 Answer/Comment
Flagged by emdjay23 [9/16/2014 5:17:18 PM]
New answers
Rating
3
Gross profit represents profit after the deduction of cost of goods sold, and before the deduction of all other selling expenses, general expenses, and tax expense. This is TRUE.


Added 9/16/2014 5:17:12 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [9/17/2014 1:16:30 AM]
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Financial managers are responsible for controlling cash flows. (Points : 2) True False
Question
Not Answered
Updated 2/20/2014 6:05:39 AM
1 Answer/Comment
TRUE. Financial managers are responsible for controlling cash flows.

Added 2/20/2014 6:05:39 AM
This answer has been confirmed as correct and helpful.
27,951,644
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
The need for blank. Complicate information sharing among emergency ...
Weegy: The need for Advanced Equipment can complicate information sharing among emergency personnel. User: The MAC ...
12/9/2018 1:44:55 PM| 3 Answers
for a sound with low pitch what else is always low
Weegy: Pitch. ... Low-pitched sounds come from things that vibrate more slowly. Humans can hear sounds of different ...
12/12/2018 10:22:00 AM| 2 Answers
S
L
P
C
Points 613 [Total 1657] Ratings 2 Comments 593 Invitations 0 Offline
S
R
L
R
P
R
P
R
R
R
R
P
R
P
Points 485 [Total 2494] Ratings 4 Comments 445 Invitations 0 Offline
S
L
Points 405 [Total 551] Ratings 3 Comments 375 Invitations 0 Offline
S
Points 33 [Total 33] Ratings 1 Comments 23 Invitations 0 Offline
S
Points 20 [Total 20] Ratings 2 Comments 0 Invitations 0 Offline
S
L
R
P
Points 18 [Total 1381] Ratings 0 Comments 18 Invitations 0 Offline
S
Points 12 [Total 12] Ratings 0 Comments 2 Invitations 1 Offline
S
Points 11 [Total 11] Ratings 1 Comments 1 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 0 Comments 0 Invitations 1 Offline
S
Points 10 [Total 10] Ratings 0 Comments 0 Invitations 1 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.