Question

What is the net profi t of a cafeteria with a gross profi t of $58,780 and operating expenses of $45,200?

Answer 1

The net profit of the cafeteria is calculated by subtracting operating expenses from the gross profit, resulting in a net profit of $13,580.

Step-by-step explanation:

To calculate the net profit of a cafeteria, we deduct the operating expenses from the gross profit. In this case, the cafeteria has a gross profit of $58,780 and operating expenses of $45,200.

Net Profit = Gross Profit - Operating Expenses

Net Profit = $58,780 - $45,200

Net Profit = $13,580

Hence, the cafeteria's net profit is $13,580.