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3 years ago

Total revenue is 3,000 cost of goods 1,500 total selling expence is 500 what is profit

2 answers:

8 0

Cost of goods = 1,500
Selling expense = 500

Total cost in selling = 1500 + 500 = 2000

Profit = Total Revenue - Total cost in selling = 3000 - 2000 = 1000

Profit = 1000

Hope this explains it.

Elenna [48]3 years ago

6 0

Profit = 1000...........................

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The formula for return on assets (ROA) is

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Answer:

Mrs. Hong originally had 900 ml of milk

Explanation:

The complete question is in the attached image

Assume that the amount of milk Mrs. Hong originally had was x ml

We are given that:

1- She used $\frac{1}{6}$ of it to bake the waffles, therefore:

Amount used in baking waffles = $\frac{1}{6}x$ ml

2- She used 300 ml to bake a pie

3- Amount left is half the original amount, therefore:

Amount left = $\frac{1}{2}x$ ml

We know that:

Total amount = amount used in waffles + amount used in pie + amount left

Substitute with the givens and solve for x:

Total amount = amount used in waffles + amount used in pie + amount left

$x = \frac{1}{6}x + 300 + \frac{1}{2}x\\ \\x-\frac{1}{6}x-\frac{1}{2}x = 300\\ \\\frac{1}{3}x = 300\\ \\x = 300*3 = 900 ml$

This means that:

She originally had 900 ml of milk

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