Card 1 of 3
What is the formula for Gross Profit?
A
sales revenue−operating expenses
\text{sales revenue} - \text{operating expenses}
sales revenue−operating expenses
B
sales revenue−cost of sales
\text{sales revenue} - \text{cost of sales}
sales revenue−cost of sales
C
sales revenue−finance costs
\text{sales revenue} - \text{finance costs}
sales revenue−finance costs
D
gross profit−cost of sales
\text{gross profit} - \text{cost of sales}
gross profit−cost of sales
Card 1 of 3
Profit Flashcards
3 flashcards on AQA A Level Business Profit: the key terms, formulae and case studies you need to recall for Paper 1, Paper 2 and Paper 3.