Which of the Following Is the Correct Formula for Profit

question 5

Multiple Choice

Which of the following is the correct formula for profit?

• A) (Sales volume + Price) / (Variable costs × Fixed costs)
• B) (Sales volume + Price) - (Variable costs × Fixed costs)
• C) (Sales volume × Price) / (Variable costs + Fixed costs)
• D) (Sales volume × Price) - (Variable costs + Fixed costs)

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Definitions:

Distributed

In logic, refers to a term in a categorical proposition that is used to assert something about every member of the category it represents.

Proposition

A formal statement or proposition in logic or mathematics, proposed for acceptance or rejection.

Enthymemes

A shortened form of syllogism which omits one of the premises, assuming it to be understood by the audience.

Everyday Speech

The casual, informal language used by people in daily conversations.