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profit = total income - total expenditure calculate this company's a) total income. b) total expenditure. c) profit. description money

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profit = total income - total expenditure Calculate this company's a) total income. b) total expenditure. c) profit. Description Money in Money out Sales-Monday £25.00 Wages - extra staff £110.00 Stall hire fee £20.00 Sales-Tuesday £20.00 Supplies-stationery £6.00 Sales-Wednesday Materials Sales-Wednesday Materials £35.00 Description Money in Money out Sales-Monday £25.00 Wages - extra staff £110.00 Stall hire fee £20.00 Sales-Tuesday £20.00 Supplies-stationery £6.00 "Sales-Wednesday Materials" £35.00

Answer

4.6 (232 Votes)
Verificación de expertos
Sienna Veteran · Tutor for 11 years

Answer

a) £80.00b) £146.00c) £-66.00```

Explanation

To calculate the company's total income, we'll combine all the 'Money in' figures (Sales-Monday, Sales-Tuesday, Sales-Wednesday). For total expenditure, we'll sum up all the 'Money out' figures (Wages - extra staff, Stall hire fee, Supplies - stationery, Materials). Profit is then computed by subtracting total expenditure from total income.a) Total income = Sales-Monday (£25.00) + Sales-Tuesday (£20.00) + Sales-Wednesday (£35.00).b) Total expenditure = Wages - extra staff (£110.00) + Stall hire fee (£20.00) + Supplies - stationery (£6.00) + Materials (£10.00).c) Profit = Total income - Total expenditure.Computations:a) £25.00 + £20.00 + £35.00 = £80.00b) £110.00 + £20.00 + £6.00 + £10.00 = £146.00c) £80.00 - £146.00 = £-66.00 (negative value indicating a loss)