What is the formula for calculating profit? A) revenue minus loss B)
QUESTION
What is the formula for calculating profit?
A) revenue minus loss
B) revenue plus costs
C) expenses minus revenue
D) revenue minus expenses
E) expenses plus revenue
ANSWER
Answer: D
Explanation: D) The amount of revenue remaining after all business costs are paid is profit.
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.