Your restaurant has a gross profit of $274,232, administrative expenses of $29,147 and marketing expenses of 32,645. What is the income from operations of your business? a) $25,345 b) $125,732 c) $185,085 d) $212,440

Respuesta :

Answer:

The answer is D.

Step-by-step explanation:

Since the profit is 274,232. First, you have to subtract it by 29,147. Second, once you got your answer you'll have to subtract 245,085 by 32,645.

To solve this problem, we have to add up the total cost of expense and the subtract it from the gross profit in order to get the net profit. The net profit from this venture is $212440

Net Profit

The net profit of any venture is the profit gotten after all expense and tax has been deducted from the gross profit.

Expense

Data;

  • Administrative expense = $29147

The total expense in this venture is

[tex]29147+32645=61792[/tex]

Now, let's subtract the total expense from the gross profit

[tex]274232-61792 = 212440[/tex]

The net profit from this venture is $212440

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