Profit Is Defined as Total Revenue

question 649

Multiple Choice

Profit is defined as total revenue

• A)plus total cost.
• B)times total cost.
• C)minus total cost.
• D)divided by total cost.

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Definitions:

Daily Settlements

The process by which futures contracts are revalued at the end of each trading day based on the closing market prices to reflect gains and losses.

Sum

The total result of adding two or more numbers or quantities together.

Derivatives Exchanges

Specialized marketplaces where derivatives securities, such as futures and options, are traded.

Electronic Trading

The use of computer systems, often connected to the internet, to execute buy and sell orders in financial markets without the need for a physical trading floor.