heres the revenue and expenses for the month. calculate whether mia had a profit or loss.\nfebruary…

heres the revenue and expenses for the month. calculate whether mia had a profit or loss.\nfebruary accounts\nrevenue\ndog food $3,600\ncat food $2,200\npet treats $1,000\npet supplies $2,450\ntotal $9,250\nfixed expenses\nrent $2,000\nsalaries $2,000\nutilities $1,000\nproduct stock $4,000\ntotal $9,000\nvariable expenses\ntotal $0\nclick the button that shows mias profit/loss for the month.\n$200 $250 $300 $350

heres the revenue and expenses for the month. calculate whether mia had a profit or loss.\nfebruary accounts\nrevenue\ndog food $3,600\ncat food $2,200\npet treats $1,000\npet supplies $2,450\ntotal $9,250\nfixed expenses\nrent $2,000\nsalaries $2,000\nutilities $1,000\nproduct stock $4,000\ntotal $9,000\nvariable expenses\ntotal $0\nclick the button that shows mias profit/loss for the month.\n$200 $250 $300 $350

Answer

Explanation:

Step1: Recall profit - loss formula

Profit = Revenue - Total Expenses. Total Expenses = Fixed Expenses+Variable Expenses. Here, Variable Expenses = $0$, Fixed Expenses = $9000$, and Revenue = $9250$.

Step2: Calculate profit

Profit=$9250 - 9000$ $= 250$

Answer:

$250$