[Answer] Profits equal _______.a) revenues plus expenses less taxesb) the sales dollars that a business acquires over timec) the owner's annual salaryd) the funds available for business growth after expenses and salaries are paid

Answer: d

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Profits equal _______.a) revenues plus expenses less taxesb) the sales dollars that a business acquires over timec) the owner's annual salaryd) the funds available for business growth after expenses and salaries are paid Profits equal _____. a) revenues plus expenses less taxes b ) the sales dollars that a business acquires over time c ) the owner's annual salary d ) the funds available for business growth after expenses and salaries are paid . d. The new era of business will: a) be dominated by an increase in the manufacturing sector as global markets grow. ... By subtracting selling general and administrative (SG&A) or operating expenses from a company's gross profit number we get operating income. Management has much more control over operating expenses than its cost of sales outlays. Thus investors need … the automobile industry entertainment farming machine tools production Profits equal _____. the owner’s annual salary the sales dollars that a business acquires over time revenues plus expenses less taxes the funds available for business growth after expenses and salaries are paid Efficiency means _____. Start studying Accounting Chapter 1 and 2. Learn vocabulary terms and more with flashcards games and other study tools. ... Revenues less expenses profit. Assets are initially recorded at: ... buildings and equipment used in the business ? Investing. What kind of activity is involved borrowing money from the bank? Financing. A business s ... Profits may be defined as: a. expenses plus net income. c. revenues plus ...

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