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Naddik [55]
3 years ago
9

A car dealership spends $700,000 on cars to stock their lot. After a day of sales, they earn a total revenue of $1,500,000. What

is the car dealership's profit? g
Business
1 answer:
swat323 years ago
3 0

Answer:

$800,000

Explanation:

The computation of the car dealership profit is shown below:

Car dealership profit is

= Total revenue earned - total cost spent

where,

Total revenue earned is $1,500,000

And, the total cost spent is $700,000

So, the  car dealership profit is

= $1,500,000 - $700,000

= $800,000

We simply deduct the total cost spent from the total revenue earned so that we get to know  car dealership profit

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A company’s retained earnings increased $375,000 last year and its assets increased $973,000. The company declared a $79,000 cas
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Answer:

C. $454,000.

Explanation:

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