At Apple Computers,the financial department considers the profit earned at the end of the day as:
A)the point at which company assets equal company liabilities.
B)the money left over after a firm's total expenses are subtracted from its total revenues.
C)the goodwill earned from implementing the societal marketing concept.
D)the money earned as long as the economic order quantity is maintaineD.Key term definition - profit

Question

Quizplus · Accepted Answer

Profit is the money left over after subtracting total expenses from total revenues. It is the amount that a company has earned as a result of its operations and is a key measure of financial performance. Option A, C, and D are incorrect as they do not accurately define profit.

At Apple Computers,the Financial Department Considers the Profit Earned at the End