Question

Is the profit remaining after subtracting the cost of bringing the goods into the store and the operating expenses from the sale

A. Markup
B. Net profit
C. Selling price
D. Overhead

Answer 1

The net profit is the profit remaining after subtracting the cost of bringing the goods into the store and the operating expenses from the sale.

Step-by-step explanation:

The correct answer is B. Net profit. Net profit is the profit remaining after subtracting the cost of bringing the goods into the store and the operating expenses from the sale. It represents the actual profit made by the business.

For example, if the cost of bringing the goods into the store is $500 and the operating expenses are $200, and the sale is $1000, then the net profit would be $300 ($1000 - $500 - $200 = $300).

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