Finance
- Created by: Megan Miguel
- Created on: 17-02-14 19:04
Other questions in this quiz
2. How do you calculate profit?
- Subtracting total revenue from total costs.
- Subtracting total costs from total revenue.
- Multiplying the quantity sold by price.
3. When is a business making a profit?
- When revenues are less than costs.
- When revenues are higher than costs.
- When revenues equal costs.
4. What does the amount of revenue a business earns each month depend on?
- Selling price.
- Both selling price and quantity sold.
- Quantity sold.
5. When is a business making loss?
- When revenues are less than costs.
- When revenues are less than costs.
- When revenues equal costs.
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