answer the following questions\n1. what is the difference between gross profit and net profit?\ngross profit…

answer the following questions\n1. what is the difference between gross profit and net profit?\ngross profit is $27,500 and net profit is -$8,590\n2. what other operating expenses could you have?\n3. which of the 3 companies would you invest in and why?\ni would pick t - shirt crew its very easy or m

answer the following questions\n1. what is the difference between gross profit and net profit?\ngross profit is $27,500 and net profit is -$8,590\n2. what other operating expenses could you have?\n3. which of the 3 companies would you invest in and why?\ni would pick t - shirt crew its very easy or m

Answer

Explanation:

Step1: Recall common operating expenses

Operating expenses are costs related to running a business. Besides the ones listed, there are many possibilities.

Step2: List common ones

Some other operating expenses could be office supplies ($ which may include paper, pens, etc.), professional services fees (e.g., legal or accounting services), maintenance and repairs (for equipment or the store - front), and travel expenses (if employees need to travel for business - related activities).

Answer:

Office supplies, professional services fees, maintenance and repairs, travel expenses