The Cambridge's gross profit from this sale was $ 60,000.
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What is gross profit?</h3>
Gross profit is the amount a business makes after deducting the expenses associated with manufacturing and marketing its products or providing its services. Gross profit, which appears on an organization's income statement, can be calculated by subtracting the cost of goods sold (COGS) from revenue. An organization's income statement will contain numbers. Other of names for the gross profit include sales profit and gross income. Generally speaking, fixed costs are not included in gross profit (that is, costs that must be paid regardless of the level of output). Rent, advertising, insurance, salaries for staff not involved in the production directly, and office supplies are some examples of fixed costs.
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Answer:
Explanation:
B. sharing statutory personal information of its employees with law agencies
<span>The commercial fishing equipments like the Waterman industries deep-water reel, produced in the US is not bought by a typical consumer from the US.
The GDP deflator is an indicator of all the prices of the products that have been produced domestically.
Since the commercial fishing equipment is not purchased usually by a US consumer, there will not be any GDP deflator price change which might affect the CPI (consumer price index).
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Answer:
Using credit will cost Bill more money over time.
Using credit may tempt Bill to buy more than he can afford.
