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  3. Study Set
    Entrepreneurship and Small Business Management Study Set 2
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    Exam 12: Understanding and Managing Start-Up, Fixed, and Variable Costs
  5. Question
    If a Business Has Total Gross Profit of $14,720 and Total
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If a Business Has Total Gross Profit of $14,720 and Total

Question 6

Question 6

Multiple Choice

If a business has total gross profit of $14,720 and total operating costs of $11,500, what is its total profit?


A) $3,220
B) $3,000
C) $1,150
D) $26,220

Correct Answer:

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