Question

Your revenue is $32,456. Your gross margin is $23,487. Your operating expenses are $8,123. Your profit is: a) $8,969 b) $24,333 c) $15,364 d) $846

Answer 1

Your answer will be C

Answer 2

option C

Explanation:

given,

revenue = $32,456

gross margin = $23,487

operating expenses = $8,123

profit will be equal to the gross margin subtracted by operating expense .

profit = gross margin - operating expense

= $23,487 - $8,123

= $ 15,364

hence, the profit will be of $ 15,364.

so, the correct options will be option C