Question

Your revenue is $32,456. Your gross margin is $23,487. Your operating expenses are $8,123. What is your net profit? A. $8,969 B. $24,333 C. $15,364 D. $846

Answer 1

To calculate the net profit, subtract the operating expenses from the gross margin. In this case, the net profit is $15,364.

Step-by-step explanation:

Net profit can be calculated by subtracting operating expenses from gross margin. In this case, the gross margin is $23,487 and the operating expenses are $8,123. Subtracting the expenses from the gross margin, we get a net profit of $23,487 - $8,123 = $15,364.

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