Caine Company has sales revenue of $74000 cost of goods sold of $42000 and operating expenses of $17000 for the year ended December 31. Caine's gross profit is

A) $0.
B) $15000.
C) $32000.
D) $59000.

Gross Profit

The financial metric representing the difference between revenues and the cost of goods sold, indicating the basic profitability of a company's core operations.

Operating Expenses

Costs associated with running a business's day-to-day operations, excluding costs related to producing goods or services.