Question

Which of the following best

illustrates the Profit Function?
A. Revenue = Expenses - Profit
B. Profit = Revenue - Expenses
C. Profit= Expenses + Revenue
D. Revenue = Profit - Expenses

Answer 1

B. Profit = Revenue - Expenses

Explanation:

You want to know how Profit is figured.

Profit

Profit is the excess of revenue over expenses. When expenses are larger than income, profit is negative, and is called a "loss." When revenue is exactly equal to expenses, the business is said to "break even."

Profit = Revenue - Expenses