The school sold $950 worth of merchandise of Friday. Is this profit or revenue. Explain?
2007-10-08 07:08:04 · 8 answers · asked by Courtney 2 in Education & Reference ➔ Homework Help
sounds like revenue. Profit is what they will make after they pay for all the expenses
2007-10-08 07:11:14 · answer #1 · answered by rae c 3 · 0⤊ 0⤋
This is revenue.
To get profit, you would need to subtract the cost of the goods from revenue.
2007-10-08 14:11:03 · answer #2 · answered by fcas80 7 · 0⤊ 0⤋
Money brought in is revenue
Revenue minus the cost of what was sold is profit.
2007-10-08 14:11:35 · answer #3 · answered by Fuzzybutt 7 · 0⤊ 0⤋
wow I need to go back to 7th grade, I was going to say profit! ha.. listen to the others :)
2007-10-08 14:12:44 · answer #4 · answered by Blond&Tall 4 · 0⤊ 0⤋
It is revenue
2007-10-08 14:11:54 · answer #5 · answered by Gary S 2 · 0⤊ 0⤋
Hope these explain it clearly for you.
2007-10-08 14:13:07 · answer #6 · answered by 'Old & Cudley' 7 · 0⤊ 0⤋
i guess it's revenue... but i honestly have no ******* clue.
2007-10-08 14:16:34 · answer #7 · answered by Veronica ♥ Cobras 4 · 0⤊ 0⤋
look up the two words.
2007-10-08 14:13:04 · answer #8 · answered by imnottellingmyname 2 · 0⤊ 0⤋