Finanzas ComercialesPregunta 1195 de 1605

A contractor's gross profit is $120,000 and overhead is $95,000. What is his net profit?

a.$215,000
b.$25,000
c.$120,000
d.$95,000

Explicación

Net profit = gross profit - overhead = $120,000 - $95,000 = $25,000. Gross profit covers overhead first; what remains is net profit.

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Revisado por Abraham Chen Licensed California General Contractor (CSLB License #1101856 verificar)
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