What is the amount of gross profit
when net loss is `2,000; operating
expenses are 12,000; and Sales are
48,000?
A) \34,000 B)ừ46,000 C) 10,000 D)
14,000
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Answer:
A) 34,000
Explanation:
You would add the loss and the expenses then subtract that which is 14,000 from the sales which is 48,000 therefore 14,000 - 48,000 = 34,000 which would be the profit.
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