What are profits?
A) total money taken in by a corporation
B) difference between revenues and expenses
C) increases in income from year to year
D) increases in a corporation's stock price

Question

Quizplus · Accepted Answer

Profits are the difference between revenues (total money taken in by a corporation) and expenses. Therefore, option B is the correct choice. Options C and D are incorrect because they do not accurately define profits. While an increase in income or stock price may lead to higher profits for a corporation, they are not profits themselves.

What Are Profits