18-05-2024
Business

Answered

Conveying Professionalism
Pretest
What does "profit" mean in business?
A) the amount of money a company makes from all of its sales
B) the amount of money a company spends to create a product
C) the amount of money a company saves by decreasing costs
D) the amount of money a company has after costs are subtracted from sales

Answer :

GinnyAnswer GinnyAnswer

18-05-2024

Final answer:

Profit in business is the money left after subtracting costs from sales, crucial for business success.

Explanation:

Profit in business refers to the amount of money a company has after costs are subtracted from sales. It is calculated as Total Revenue - Total Cost. Businesses aim to maximize profit to ensure financial success and growth.

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