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choli [55]
3 years ago
10

g Last year, Adventure Enterprises reported revenues of $24 million while its total expenses were $10 million. Based on this inf

ormation, Adventure reported:
Business
1 answer:
marysya [2.9K]3 years ago
6 0

Answer:

The answer is ' a profit of $14 million

Explanation:

Revenue = $24 million

Total expenses = $10 million

Profit(loss) = Revenue minus total expenses

$24 million - $10 million

Profit = $14 million.

It is a profit because revenue is greater than total expenses. Adventure Enterprises will report a loss if reported total expenses was greater than reported revenue

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