shadow software company earned a total of $800,000 selling programs during the year 2012. $125,300 of that…

shadow software company earned a total of $800,000 selling programs during the year 2012. $125,300 of that amount was used to pay expenses of the company. how much profit did shadow software company make in the year 2012?

shadow software company earned a total of $800,000 selling programs during the year 2012. $125,300 of that amount was used to pay expenses of the company. how much profit did shadow software company make in the year 2012?

Answer

Explanation:

Step1: Recall profit - expense formula

Profit = Revenue - Expenses

Step2: Identify revenue and expenses

Revenue = $800000$, Expenses = $125300$

Step3: Calculate profit

$800000 - 125300=674700$

Answer:

$674700$