Last Year,MacTeck Enterprises Had Total Revenues of $34 Million While

question 101

Multiple Choice

Last year,MacTeck Enterprises had total revenues of $34 million while its total expenses were $22 million.Based on this information,MacTeck:

• A)earned a profit of $12 million.
• B)earned a profit of $56 million.
• C)suffered a loss of $12 million.
• D)suffered a loss of $22 million. Profits are found by subtracting costs and expenses from revenues,so MacTeck's profits are $34 million - $22 million = $12 million.

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Exchanges between two or more individuals, involving communication, cooperation, or competition, and shaping social relationships.

Social World

The domain of human interaction and relationships, encompassing societal norms, cultures, institutions, and communities.

Cultures Differ

The concept that varied social groups have distinct customs, behaviors, and values.

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Widely held beliefs or norms within a culture that are rarely questioned.