Your revenue is 32456 your gross margin is 23487 your operating expenses are 8123 your profit is

Question

Martha

Mathematics

15 March, 15:38

Your revenue is 32456 your gross margin is 23487 your operating expenses are 8123 your profit is

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Dereon Stout · Answer 1

To compute for your profit, you just have to deduct your operating expenses to your gross margin. The gross margin is already the gross profit you have earned which is computed by deducting cost of goods sold to the revenue.

23,487 (gross margin) - 8,123 (operating expenses) = 15,364 (profit)