A Manager Has a Simplified Profit-And-Loss Statement That Indicates That

question 84

Essay

A manager has a simplified profit-and-loss statement that indicates that sales for the last quarter were $120 000, cost of goods sold was $35 000, and expenses were:
salaries = $10 000, rent = $3000, and supplies = $3000. Calculate the net profit.

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Definitions:

Lipid Molecule

Organic molecules that are fatty acids or their derivatives and are insoluble in water but soluble in organic solvents.

Phospholipid

Molecule that forms the bilayer of the cell’s membranes; has a polar, hydrophilic head bonded to two nonpolar, hydrophobic tails.

Functional Group

A specific grouping of atoms within a molecule that is responsible for a characteristic chemical reaction.

Carbohydrate Molecules

Organic compounds consisting of carbon, hydrogen, and oxygen, serving as a major energy source for the body.