QUESTION IMAGE
Question
rescooperate ice cream shop recently analyzed their books. they found that in the past year, they made $100,000 selling ice cream and spent $75,000 on supplies and factory space. the remaining $25,000 represents
profit.
loss.
revenue.
expense.
Brief Explanations
Profit is calculated as total revenue minus total costs. Here, total revenue from ice cream sales is $100,000, and total costs (supplies + factory space) are $75,000. The remaining amount after subtracting costs from revenue is profit.
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A. profit.