What is the net profit of a restaurant with total revenue of 57,000, a cost goods sold at 15,000 and operating expenses of 36,000

Question

India Mcgrath

Mathematics

21 October, 06:12

What is the net profit of a restaurant with total revenue of 57,000, a cost goods sold at 15,000 and operating expenses of 36,000

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Answers (1)

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Jaydon Ross · Answer 1

Answer:6,000

Step-by-step explanation:

Gross profit = Revenue - cost of goods sold = 57,000 - 15,000 = 42,000

Net profit = Gross profit - expenses = 42,000 - 36,000 = 6,000