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How much did we make, and how much do we keep? (in a given time period)

User Sdnts
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Final answer:

In business, revenue is the total amount of money earned, while net profit is the amount of money left after deducting expenses. It's important to consider all costs when calculating net profit.

Step-by-step explanation:

In the context of business, the question is asking about the total revenue earned and the net profit after deducting expenses. Revenue refers to the total amount of money generated from sales or services provided. Net profit, on the other hand, is the amount of money left after subtracting all expenses from the revenue.

For example, if a company earned $1 million in a given time period and had $800,000 in expenses, the net profit would be $200,000. This represents the amount of money the company keeps.

User Dmitry Kurtaev
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