Question

Here’s the revenue and expenses for the month. Calculate whether Mia had a profit or loss?

Answer 1

Answer:

Mia had a profit.

Step-by-step explanation:

According to the table, Mia's revenue that refers to the money she earned is $9,550. Also, her expenses that is the money she spent are $9,200. Now, to determine if she had a profit or loss, we have to subtract the expenses from the revenue and if there is money left, it means that she had a profit:

$9,550-$9,200= $350

Mia had a profit of $350.

Answer 2

Answer:

Step-by-step explanation:

You subtract the total revenue 9,550 - the fixed expenses 9000 which gives you 550. Then you subtract 550 - 200 which gives you 350