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.
Answer:
Push-pull theory
Explanation:
Push-pull theory is important to study because it determines the reason to leave a place or attracted immigrants from other places in search of better economic opportunities, social security, etc. The push factors are those which force a population to leave their country and migrate to another place. Pull factors are those which give reason to the population from other countries settle in the foreign country for various reasons.
C~use of credit is the answer<span />
The company wanted to find a waterway to the Orient. The land and climate was favorable for growing crops. The company hoped to be repaid in silver and gold from Jamestown.
The Mayans, Incans, and Aztecs were advanced in regards to agriculture and architecture
