Mathematics, 29.07.2019 22:00 nickname9154

Which of the following equations correctly describes how to calculate net income? a. net income = (cost of goods sold) - (net sales) - (operating expenses) b. net income = (operating expenses) - (cost of goods sold) - (net sales) c. net income = (operating expenses) + (cost of goods sold) - (net sales) d. net income = (net sales) - (cost of goods sold) - (operating expenses)

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Which of the following equations correctly describes how to calculate net income? a. net income = (...