If the French bank Société Générale reported its 2019 net income was 23,561 million euros and its operating expenses totaled 16, 016 million euros, what was its gross profit? (Enter your answer in millions of euros.)
Gross Profit
million euros
1 answer:
Answer:
39,577 million euros
Explanation:
Calculation to determine the what was its gross profit
Using this formula
Gross profit=Net income+Operating expenses
Let plug in the formula
Gross profit=23,561 million +16,016 million
Gross profit=39,577 million euros
Therefore gross profit will be 39,577 million euros
You might be interested in
Answer:
B. False
Explanation:
I majored in Business
Answer:
telling somone to a specifc thing. it can be good or bad
Explanation:
Hello, A fact is something that has been learned. I think, Im not 100% sure!
Answer:
Ms. Z should invest in the State A.
Explanation:
Coupons from State A = (1 - 0.33)*0.05*75000
= 2512.5
Coupons from State R = (1 - 0.33 - 0.085)*.054*75000
= 2369.25
Therefore, Ms. Z should invest in the State A .
Steven needs to create a budget that will list all of his expenses each month with regards to the income he brings in. Once Steven sits down and creates the budget he will see the money that is left over once he is done paying all of his necessary bills. The money that is left over can be saved to purchase a new car.