Gross profit is calculated as: Options: A . &nbspSales revenue plus sales returns less cost of sales B . &nbspSales revenue less sales returns plus cost of sales C . &nbspSales revenue less sales returns less discount allowed less cost of sales D . &nbspSales revenue less sales returns less cost of sales

Gross profit is calculated as:

Question

Gross profit is calculated as:

Options:

A . Sales revenue plus sales returns less cost of sales

B . Sales revenue less sales returns plus cost of sales

C . Sales revenue less sales returns less discount allowed less cost of sales

D . Sales revenue less sales returns less cost of sales

Answer: Option D
:
D
Sales revenue less sales returns less cost of sales = Gross profit.

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