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Andrea is the sole proprietor of Andrea's Art Shop. During the current year, Andrea's has total revenue of $157,000 and total expenses of $110,000. Andrea draws a monthly salary of $2,600 from the shop
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Andrea is the sole proprietor of Andrea's Art Shop. During the current year, Andrea's has total revenue of $157,000 and total expenses of $110,000. Andrea draws a monthly salary of $2,600 from the shop that is not included in the $110,000 in expenses. What is the expected revenue?

User Drozdzynski
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1 Answer

5 votes

Answer:

Net revenue= $44,400

Step-by-step explanation:

Revenue is the profit a business makes from normal business activities such as sales. Net revenue is revenue less the various expenses incurred while running the business.

So net revenue= Total revenue- expenses- salary

Net revenue= 157,000- 110,000- 2,600

Net revenue= $44,400

User Dwight T
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