Question

In its first month of operations, Kingbird Inc ________?

1) earned a profit of $10,000
2) incurred a loss of $5,000
3) broke even with no profit or loss
4) cannot be determined without additional information

Answer 1

In its first month of operations, Kingbird Inc's financial outcome cannot be determined without additional information.

Step-by-step explanation:

In its first month of operations, Kingbird Inc's financial outcome can be determined without additional information. The question does not provide any information about the expenses or revenues of the company, so we cannot determine whether they earned a profit, incurred a loss, or broke even.