amirahnlwilliams
Answered

Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Explore a wealth of knowledge from professionals across different disciplines on our comprehensive platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

“How does revenue affect profit. How do expenses affect profit

How Does Revenue Affect Profit How Do Expenses Affect Profit class=

Sagot :

Answer:

Profit depends on a simple formula: revenue minus expenses. The amount that your business ultimately earns is equal to the amount you have made in exchange for products or services minus the amount you have spent to keep your business running.

As a general rule, an increase in any type of business expense lowers profit. Operating expenses are only one type of expense that reduces net sales to reach net profit.

Explanation:

We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.