answers3867 answers3867
  • 22-10-2020
  • Business
contestada

The relationship between revenue from selling inventory and the cost of that inventory is measured as:

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Zviko
Zviko Zviko
  • 22-10-2020

Answer:

Gross Profit

Explanation:

Profit generated from trading operation of the business is known as gross profit. Gross Profit is calculated by deducting Cost of Sales from the Revenue amount.

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