Question

TIME REMAINING 55:30 A company's ________ tells you how much money the company has left over after subtracting all expenses. A. Net profit B. Gross profit C. Revenue D. Cost of goods sold Please select the best answer from the choices provided A B C D

Answer 1

The answer is A. Net profit.

Step-by-step explanation:

Net profit is the amount of money a company has left over after subtracting all expenses, including the cost of goods sold, from its total revenue. It is a measure of a company's profitability and is often used to evaluate a company's financial performance.

Gross profit, on the other hand, is the amount of revenue a company has left over after deducting only the cost of goods sold. Revenue is the total income a company earns from its normal business activities, and the cost of goods sold is the direct cost associated with producing and selling a product.