Answered

Looking for answers? Westonci.ca is your go-to Q&A platform, offering quick, trustworthy responses from a community of experts. Get detailed and accurate answers to your questions from a community of experts on our comprehensive Q&A platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Ben owns an ice cream shop. Last quarter's income was $9,000; his cost of goods was $575, and his total expenses were $5,000.

What is Ben's Gross Profit for the last quarter?

Click this link to open the Business Financials Part 2 Study Guide to view the formula used for this problem!

Type a comma to separate the digits and type the $ symbol when you enter your answer as shown below:

Example: $15,300

Sagot :

julezg92207

Answer: $8,425

Step-by-step explanation:

•Gross Profit = Income - Cost of Goods

- Ben's Income was $9,000 and his cost of goods were $575.

-Therefore, $9,000 - $575 = $8,425

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.