SERE RE
a.
Which of the following equations correctly describes how to calculate gross profit?
gross profit = (net sales) - (cost of goods sold)
b. gross profit = (cost of goods sold) - (net sales)
gross profit = (net income) - (operating expenses)
d. gross profit = (operating expenses) - (net income)
C.

Step-by-step explanation:

d.

net income = (net sales) - (cost of goods sold) - (operating expenses)

i hope I’m right lol

its a. gross profit = (net sales) - (cost of goods sold)

Step-by-step explanation:

you never say the total so we cant find the percentage used for petrol

step-by-step explanation:

after simplifying it i got: -36.25 as my answer. hope that !