A. the amount of money taken out of the business by the owner
B. the cash in the business bank account
C. the difference between sales and cost of sales
D. sales revenue less cost of sales expenses
Correct Answer: Option D
D. sales revenue less cost of sales expenses
Explanation
Net profit is the actual profit after working expenses not included in the calculation of gross profit have been paid.
300 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…