Calculate the net profit for the firm if its total revenues are $123,201 and total expenses are $35,569.

Question

BlackTom AI · Accepted Answer

Question restatement: The task is to calculate the net profit when total revenues are 123,201 and total expenses are 35,569.
Step 1: Identify the formula. Net profit is equal to total revenues minus total expenses.
Step 2: Apply the values. Subtract 35,569 from 123,201.
Step 3: Perform the subtraction. 123,201 − 35,569 = 87,632.
Step 4: Interpret the result. The difference represents the amount remaining after covering expenses from revenues, i.e., the firm’s net profit for the period.
Note: There are no answer options provided in this question, so no option-by-option analysis is needed. The calculation shown follows the standard accounting principle of net profit = revenues − expenses, and the arithmetic aligns with basic subtraction.
If you want to double-check, you can re-run the subtraction using column alignment or a calculator to confirm that 123,201 minus 35,569 indeed yields 87,632.

Calculate the net profit for the firm if its total revenues are $123,201 and total expenses are $35,569.

查看解析

登录即可查看完整答案

类似问题

Net profit increases when

_____ is the difference between a company’s revenues and all of its expenses.

Another name for "Net Income" is ________.

________ is what remains when you subtract fixed and variable costs and taxes from revenues.

Given this information, calculate the net profit for the business. Sales revenue 106,034 Unearned revenue 2,412 Dividends 5,389 Cost of sales 32,535 Interest revenue 3,395 Operating expenses 11,339 Income tax expense 2,207

Consider the following information for Ball CorpWhat is the Net Profit?

更多留学生实用工具

考试浏览器助手

风格化写作助手

论文查重助手

文献引用助手

课堂转译助手

课堂笔记助手

Quiz搜索助手

学校历年真题

智能刷题助手

智能匹配练习

希望你的学习变得更简单