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Conveying Professionalism
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What does "profit" mean in business?
A) the amount of money a company makes from all of its sales
B) the amount of money a company spends to create a product
C) the amount of money a company saves by decreasing costs
D) the amount of money a company has after costs are subtracted from sales



Answer :

GinnyAnswer

Final answer:

Profit in business is the money left after subtracting costs from sales, crucial for business success.


Explanation:

Profit in business refers to the amount of money a company has after costs are subtracted from sales. It is calculated as Total Revenue - Total Cost. Businesses aim to maximize profit to ensure financial success and growth.


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