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butalik [34]
3 years ago
15

Profit equals the total amount of money made minus

History
2 answers:
shutvik [7]3 years ago
8 0

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.


Alika [10]3 years ago
4 0

It's A production costs.

PROFIT= amount made- production costs

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