Given this information, calculate the net profit for the business.

Sales revenue 101,213
Unearned revenue 3,135
Dividends 9,660
Cost of sales 36,847
Interest revenue 9,673
Operating expenses 17,700
Income tax expense 2,815

Question

Given this information, calculate the net profit for the business.

Sales revenue	101,213
Unearned revenue	3,135
Dividends	9,660
Cost of sales	36,847
Interest revenue	9,673
Operating expenses	17,700
Income tax expense	2,815

BlackTom AI · Accepted Answer

To determine net profit from the given figures, we need to distinguish between revenues and expenses and exclude items that are not part of operating results.
First, identify the revenue components: Sales revenue is 101,213, and Interest revenue is 9,673. Unearned revenue represents a liability (money yet to be earned) and dividends are distributions to shareholders, not earnings, so they are not included in revenue.
So total revenues = 101,213 + 9,673 = 110,886.
Next, sum the expense items: Cost of sales is 36,847, Operating expenses are 17,700, and Income tax expense is 2,815. Adding these gives total expenses = 36,847 + 17,700 + 2,815 = 57,362.
Now subtract total expenses from total revenues to obtain net profit: 110,886 − 57,362 = 53,524.
Therefore, the net profit that would be reported from these numbers is 53,524.

Given this information, calculate the net profit for the business. Sales revenue 101,213 Unearned revenue 3,135 Dividends 9,660 Cost of sales 36,847 Interest revenue 9,673 Operating expenses 17,700 Income tax expense 2,815

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