how does looking at the formula profit = revenue - cost help company leaders make decisions?\n\na) by…

how does looking at the formula profit = revenue - cost help company leaders make decisions?\n\na) by calculating the money left over after spending all of the company profits\nb) by highlighting the need to increase revenue or decrease costs in order to improve profits\nc) by determining the total cost of completing a project, including the price of materials and labor\nd) by showing the benefits of increasing profits, such as increased employee salaries

how does looking at the formula profit = revenue - cost help company leaders make decisions?\n\na) by calculating the money left over after spending all of the company profits\nb) by highlighting the need to increase revenue or decrease costs in order to improve profits\nc) by determining the total cost of completing a project, including the price of materials and labor\nd) by showing the benefits of increasing profits, such as increased employee salaries

Answer

Brief Explanations:

The profit - revenue - cost formula shows that to increase profit, either revenue must be increased or cost must be decreased. Company leaders can use this to make decisions on business operations like pricing, cost - cutting measures etc.

Answer:

B. by highlighting the need to increase revenue or decrease costs in order to improve profits