My Learning Cart
?
Categories
Account

A company has a total revenue of $500,000 and total expenses of $350,000. What i

₹0.0
Login to Download
  • 📥 Instant PDF Download
  • ♾ Lifetime Access
  • 🛡 Secure & Original Content

What’s inside this PDF?

Question: A company has a total revenue of $500,000 and total expenses of $350,000. What is the net profit?

Options:

  1. $150,000
  2. $200,000
  3. $100,000
  4. $50,000

Correct Answer: $200,000

Solution: 

Net Profit = Total Revenue - Total Expenses = 500,000 - 350,000 = $150,000.

A company has a total revenue of $500,000 and total expenses of $350,000. What i

Practice Questions

Q1
A company has a total revenue of $500,000 and total expenses of $350,000. What is the net profit?
  1. $150,000
  2. $200,000
  3. $100,000
  4. $50,000

Questions & Step-by-Step Solutions

A company has a total revenue of $500,000 and total expenses of $350,000. What is the net profit?
  • Step 1: Identify the total revenue, which is $500,000.
  • Step 2: Identify the total expenses, which is $350,000.
  • Step 3: Use the formula for net profit: Net Profit = Total Revenue - Total Expenses.
  • Step 4: Substitute the values into the formula: Net Profit = 500,000 - 350,000.
  • Step 5: Perform the subtraction: 500,000 - 350,000 = 150,000.
  • Step 6: The net profit is $150,000.
  • Net Profit Calculation – Net profit is calculated by subtracting total expenses from total revenue.
Soulshift Feedback ×

On a scale of 0–10, how likely are you to recommend The Soulshift Academy?

Not likely Very likely
Home Practice Performance eBooks