Last year, Adventure Enterprises reported revenues of $24 million while its total expenses were $10 million. Based on this information, Adventure reported:
A)profits of $14 million.
B) profits of $34 million.
C) losses of $14 million.
D)losses off $34 million.

Question

Quizplus · Accepted Answer

To calculate Adventure's profits, we subtract the total expenses from the revenues:
$24 million - $10 million = $14 million in profits. Therefore, the correct answer is A.

Last Year, Adventure Enterprises Reported Revenues of $24 Million While