Calculating a stated period’s profit
A fictional business reports $8,000 in revenue, $3,000 in cost of goods sold, and $2,000 in other expenses for the same period. Assume these are all revenues and expenses. What is its profit?
A
$13,000
B
$3,000
C
$5,000
D
$8,000
Question Leaderboard
Not enough data yet to show leaderboard.