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UNO [17]
3 years ago
12

The table shows incomes and expenses for a small music store in one week. Write an integer to represent each value. Then find th

e net profit for a week
Income expense

instruments $800 displays $110

sheet music $100 salaries $400

lessons $150 ?
Mathematics
1 answer:
aniked [119]3 years ago
6 0

Net profit (revenue minus COGS) is gross profit minus operational costs and any other expenses such as borrowing taxes, equity, etc.

  • While it may seem harder, net profit is calculated on our behalf and provided as a net income in the financial statements.
  • It helps the investors evaluate whether managers generate sufficient profit from their sales and whether operating costs and overhead costs are being limited.
  • This is one of the main indicators of the financial health of the company overall.

Given:

Please find the given table.

Using formula:

\to \bold{\text{net profit = total Income - total expenses}}

Solution:

Calculating the total income: \bold{=\$800+\$100+\$150=\$1050}\\\\

Calculating the total expense: \bold{=\$110+\$400=\$510}

Calculating the net Profit:

\bold{\text{ = total Income - total expenses}}

=\bold{\$1050-\$510}\\\\=\bold{\$540}

Therefore the final answer is "$540".

Learn more:

brainly.com/question/23861591

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