The correct answer is 1, profit equals the total amount of money made minus the production cost.
In financial terms, you have a profit when the amount of revenue gained from a business interaction surpasses its expenses as well as cost and taxes.
The calculation of profit is total revenue minus total expenses.
In the financial income statement of a company, accounting people take in consideration three kinds of profits: gross profit, net profit, and operating profit.
<em>D. Through the passage of the National Traffic and Motor Vehicle Safety Act</em>
Explanation:
The Great Society were programs started by Lyndon B. Johnson in 1964 and ending in 1965. The goal of the Great Society was to end prejudice among race, poverty among the American people, along with safety and the best outcomes for American citizens.
The National Traffic and Motor Vehicle Safety Act was officially brought together in 1966 and gave the federal government the correct powers to enforce laws having to do with motor vehicles. This mostly had to do with how the vehicles were made or put together and enforced the making of motor vehicles in a safe and correct manor.
