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.
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<span>The increase of the illegal production and sale of liquor (known as “bootlegging”), the proliferation of speakeasies (illegal drinking spots) and the accompanying rise in gang violence and other crimes was an effect of prohibition</span>
That belomg in the commerce clause
They encouraged black farmers to join