K krak New member May 6, 2009 #1 A. The cost of goods sold is added to sales. B. The cost of goods sold is deducted from sales. C. The tax and interest are deducted before income profit is reported. D. The gross profit is found by deducting operating expenses from sales.
A. The cost of goods sold is added to sales. B. The cost of goods sold is deducted from sales. C. The tax and interest are deducted before income profit is reported. D. The gross profit is found by deducting operating expenses from sales.