asked 59.5k views
4 votes
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 Theist
by
8.2k points

1 Answer

3 votes
Profit = Total Revenue - Cost - Selling Expense

Profit = 3000 - 1500 - 500 = 1000

Profit = $1000
answered
User Dana The Sane
by
7.8k points
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