asked 79.2k views
1 vote
If total Revenue is $3000, Cost of Goods is $1500, and total Selling Expense is $500; what is the Profit for the business?

asked
User Kodu
by
7.4k points

2 Answers

5 votes
Profit= Total Revenue- Cost of goods- operating expense so the total Profit is $1,000
answered
User Mighq
by
8.7k points
5 votes
I would like to see the multiple questions, but i'll try to help.Total Revenue $3000. Cost of goods is $1500. And total selling is $500. What is the profit. $3000 + $ 1500 =$4,500 - $500 = $4,000 Profit. I hope this is correct.
answered
User Elliot Reed
by
9.0k points
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