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UNO [17]
2 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]2 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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This is because it can have a total of 188 people in the place with 38 total seating units. Though it is not in the question, quarantine has be bored, so I’ll answer how many booths and tables there are too.

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