Question

Question 13 of 20 What is profit? A. Money remaining when all other business expenses, including salaries, rent, and taxes, have been paid. B. Money remaining when all expenses except salaries, rent, and taxes have been paid. C. Money lost after all other business expenses, including salaries, rent, and taxes have been paid. D. Money invested after all business expenses, including salaries, rent and taxes have been paid.​

Answer 1

A. Money remaining when all other business expenses, including salaries, rent, and taxes, have been paid.

Answer 2

A. Money remaining when all other business expenses, including salaries, rent, and taxes, have been paid.

Step-by-step explanation:

Investors use gross profit to figure out how much profit a firm makes from the production and selling of its goods and services. Gross profit is also known as gross income in some cases. Net income, on the other hand, is the profit left over after all expenses and costs have been deducted from revenue.