document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1196718>Question 1196718</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Gross profit is found by subtracting the cost of goods from the _____, or net sales.\r<BR>\n" );
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document.write( "A. selling price <BR>\n" );
document.write( "B. markup on cost<BR>\n" );
document.write( "C. overhead <BR>\n" );
document.write( "D. net profit\r<BR>\n" );
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document.write( "Would A. be the correct answer? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #829681 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52866)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=829681\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .\r<BR>\n" );
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document.write( "Gross profit is the profit a company makes after deducting the costs associated <BR>\n" );
document.write( "with making and selling its products, or the costs associated with providing its <BR>\n" );
document.write( "services. Gross profit will appear on a company's income statement and can be <BR>\n" );
document.write( "calculated by subtracting the cost of goods sold (COGS) from revenue (sales).\r<BR>\n" );
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document.write( "https://www.investopedia.com/terms/g/grossprofit.asp#:~:text=Gross%20profit%20is%20the%20profit,)%20from%20revenue%20(sales).\r<BR>\n" );
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document.write( "Learn terminology related to your discipline from your textbook - not asking the tutors.\r<BR>\n" );
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document.write( "Also, it is not a good idea to learn terminology of Finance from a Math web-site.\r<BR>\n" );
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document.write( "Similar as to go to a dentist to treat  lung cancer.\r<BR>\n" );
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document.write( " </SPAN>\n" );
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