Profit equals:

Name: Profit equals:
Brand: Quizplus
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Question

Profit equals:

Quizplus · Accepted Answer

Profit is the income earned by a business after deducting all expenses, including costs of goods sold, operating expenses, depreciation expenses, and interest expenses. Revenue is the total amount of money generated by a business, including sales, interest income, rental income, and other sources of income. Therefore, profit can be calculated as revenue minus all costs and expenses, which is represented by formula A.

Profit Equals