Question

Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss.

SEPTEMBER ACCOUNTS
CHECKING
$2,320.00
REVENUE
FIXED EXPENSES
VARIABLE EXPENSES
ONLINE AD
$300
SAVINGS
$1,026.83
DOG FOOD
CAT FOOD
PET TREATS
PET SUPPLIES
$3,500
$2,900
$1,525
$1,575
RENT
$2,000
SALARIES
$2,000
UTILITIES
$1,000
PRODUCT STOCK $4,000
$9,000
TOTAL
$300
TOTAL
$9,500
TOTAL
ENTER MIA'S TOTAL PROFIT/LOSS FOR THE MONTH IN THE BOX BELOW, THEN CLICK SUBMIT.
$ X
SUBMIT

Answer 1

+200

Step-by-step explanation:

9,500-9,000= 500

500-300= 200

Answer 2

Mia made a profit of $200

Step-by-step explanation:

To find her profit you would subtract her expenses made from her total revenue. So it would be $9,500 (revenue/how much money she made) - $9,300 (Her Fixed and variable expenses added together)