Question

Let u
ures
loss can be represented by - sign.
Profit
Representation
with proper
Name of items
* 150
3250
Mustard oil
Rice
Black pepper
Wheat
Groundnut oil
* 225
7200
3330
and loss from the sale of certain items. Since profit and low
are opposite situations and if profit is represented by *sign,
Some of the situations where we may use these signs are:​

Answer 1

Step-by-step explanation:

Total revenue $ 1,000,000 100%

Less Cost of Goods Sold $ 426,200 42.6%

Gross Profit $ 573,800 57.4%

Less Expenses

Accounting and legal fees $ 11,700

Advertising $ 15,000

Depreciation $ 38,000

Electricity $ 2,700

Insurance $ 15,200

Interest and bank charges $ 27,300

Postage $ 1,500

Printing and stationery $ 8,700

Professional memberships $ 1,800

Rent for premises $ 74,300

Repairs and maintenance $ 21,100

Training $ 6,900

Vehicle operating costs $ 20,000

Wages and salaries $ 223,500

Workers compensation $ 6,500

All other expenses $ 14,100

Less Total Expenses $ 488,300 48.8%

Equals Net Profit (BOS) $ 85,500 8.6