If Sales Revenue is $400,000, Cost of Goods Sold is $310,000, and Operating expenses are $60,000, what is the Gross profit?

The Gross Profit will be $, ($ Ninety Thousand only). To compute gross profit, one need to deduct cost of goods sold from sales revenue ($,-$,)  

To calculate Gross Profit, deduct Cost of Goods Sold from Sales. In the given scenario: Gross Profit is $90,000 ($ 400,000 - $ 310,000). Operating expenses are not considered while calculating gross profits. 

If you deduct operating expenses from gross profits you will get Net Profit.

The Gross profit is how much money the co. got back from the sum it has spent to buy product before resale (cost of goods) plus the profit made which is the difference between the sales revenue and cost of goods regardless of expenses. In this case = 90000.

The NET profit is all of the above and in the end subtracting any other expenses incurred i.e. operations expenses. in this case = 30000.

for calculation of gross profit on must consider expenditure incurred for production of goods,

So gross profit = Sales revenue- cost of goods sold, thus $400000-$ 310000=$90000.

Operating expenses should not be consider.

Regards

Gross profit = revenues - cost of goods sold = 400,000 - 310,000 = $90,000

Operating income = Gross profit - operating expenses = $90,000 - $60,000 = $30,000

Gross Profit will be $90,000 and Net profit will be $30,000 in the case of not having any Income from other activities

At this level of activity the GP of this company is $ 30,000

The correct answer is $90,000

the gross profit will be 70000

Gross Profit = Sales - COGS = 400,000-310,000= 90,000/-

I agree with Mr Mirza

Since G P = Sales - Cost of Good sold , the value it will be USk

Of course I´m considering those "Operating Expenses" as variable costs.