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Taylor's Grocery Store revenue for this year is $91,750.00. The store manager noticed an increase of $3,000 in the store's expenses. She has determined that the total expenses equal to $81,000. Will this business net a profit or loss? _________________ How much of a profit or loss? ___________________

Respuesta :

Answer:

This business will net a profit of $10750

Explanation:

Revenue of Taylor's Grocery Store for this year = $91,750.00

Total expense of Taylor's Grocery Store for this year = $81,000.

Revenue > Expense

Since Revenue is more than Expense . So, this is the case of profit.

Profit = Revenue - expense

So, Profit = 91750-81000

Profit = 10750

Hence this business will net a profit of $10750

adioabiola

Based on the given revenue and expenditure of the business, the business will net a profit

Given:

Revenue for the year = $91,750.00

Expected expenditure for the year = $81,000

Increase in expenditure = $3,000

Total expenditure = Expected expenditure for the year + Increase in expenditure

= $81,000 + $3,000

= $84,000

  • Profit is when total revenue is greater than total expenditure

TR > TE

So,

Revenue for the year = $91,750.00

Total expenditure = $84,000

Therefore,

TR > TE

$91,750.00 > $84,000

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