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    Exam 13: Business Organization and Financial Data
  5. Question
    On the Income Statement,operating Profit Is Defined As
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On the Income Statement,operating Profit Is Defined As

Question 145

Question 145

Multiple Choice

On the income statement,operating profit is defined as:


A) operating profits minus operating expenses
B) gross profit minus operating expenses
C) sales revenue minus cost of goods sold
D) sales revenue minus operating expenses
E) none of the above

Correct Answer:

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