Which statement BEST matches the meaning of the term profit?
A)Profit is the money earned by a business owner after deducting all expenses.
B)Profit is the amount of money set aside for purchasing raw materials and equipment
.C)Profit is the interest paid back to investors and business owners from investments.
D)Profit is the loss experienced by businesses from operating and procedural expenses.
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Answer:
Profit is the money earned by a business owner after deducting all expenses.
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Answer:
profit is the money earned by a business owner after deducting all expenses
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