Gross profit is calculated as the difference between net sales revenue and ________
A) purchases
B) cost of goods sold
C) cost of merchandise inventory
D) selling and administrative expenses
B
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The number one fear among people is public speaking
Indicate whether this statement is true or false.
Wally owns 40 acres along a river. He is planning to build a home near the river, and a friend
has just informed him that the land where Wally is planning to build the house is on wetlands. In this circumstance, what must Wally do in order to be able to fill in the wetlands for the construction of his house? A) Nothing, so long as the house will not emit any pollutants into the nearby river B) File an environmental impact statement C) Obtain a permit from the Army Corps of Engineers D) Nothing, because this is the action of a private individual on private land E) File an environmental impact statement and obtain a permit from the Army Corps of Engineers