Gross profit is calculated as:
A: Total sales - cost of sales - selling, general and administrative expenses - depreciation and amortization
B: Total sales - cost of sales - selling, general and administrative expenses
C: Total sales - cost of sales
D: None of the above
A: Total sales - cost of sales - selling, general and administrative expenses - depreciation and amortization
B: Total sales - cost of sales - selling, general and administrative expenses
C: Total sales - cost of sales
D: None of the above
举一反三
- Net sales is calculated by A: subtracting cost of sales from sales. B: subtracting sales returns and sales discounts from sales. C: subtracting sales returns, cost of sales, and sales discounts from sales. D: subtracting gross profit from sales.
- The gross profit percentage is calculated as: A: cost of goods sold divided by net sales revenue. B: net sales revenue minus gross profit on sales. C: net sales revenue minus cost of goods sold. D: gross profit divided by net sales revenue.
- Which of the following costs belongs to Selling and Administrative Costs? A: Direct Labor Cost B: Direct Material Cost C: Depreciation of manufacturing equipment D: Sales Commissions
- If sales revenues are $400,000, cost of goods sold is $310,000, and operating expenses are $60,000, the gross profit is .( ) A: $90,000 B: $400,000 C: $30,000 D: $340,000
- International sales intensity is the Amount of international sales divided by ( )of the company.（ ） A: Total sales B: Domestic sales C: Service sales D: Abroad sales