In the equation for calculating a company’s net profit, what do expens

QUESTION

In the equation for calculating a company’s net profit, what do expenses refer to?

A) the invoices sent to the company by the suppliers it is buying from
B) the cash flowing out of the company during the current period
C) the amount of money the company spent on something during a certain time
D) the total amount money the company expects to spend in the coming year

ANSWER

C