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

heres the revenue and expenses for the month. calculate whether mia had a profit or loss. november accounts revenue fixed expenses variable expenses dog food $2,700 rent $2,000 online ad $250 cat food $3,000 salaries $2,000 name tags $50 pet treats $1,700 utilities $1,000 pet supplies $1,900 product stock $4,000 total $9,300 total $9,000 total $300 drag mias profit/loss for the month to the circle on the left. -$100 $0 $100
Answer
Explanation:
Step1: Calculate total expenses
Total expenses = Fixed expenses + Variable expenses. Fixed expenses are $9000$ and variable expenses are $300$, so total expenses = $9000 + 300=9300$.
Step2: Calculate profit or loss
Profit/Loss = Revenue - Total expenses. Revenue is $9300$ and total expenses are $9300$. So, Profit/Loss = $9300 - 9300 = 0$.
Answer:
$0$